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And that is one of the most worrisome aspects of modern american political culture. What happened to the country that put a man on the moon, that built the inte
by olefoo 17y ago
And that is one of the most worrisome aspects of modern american political culture. What happened to the country that put a man on the moon, that built the interstate freeway system, that made universal telephone and electric service available from sea to sea?
None of those projects could be done today, they require planning horizons of ten years or longer and even if the vision were there would become mired in petty politics and shortsighted penny-wise pound-foolishness.
Done right infrastructure projects create far more economic value than they cost over their lifetime.
- fnid2 17y agoThose projects were all before the invasion of the Military Industrial Complex Eisenhower prophetically warned us about. Plus, stocks are traded by households now and are focused on quarterly earnings. Prior to the 50's that was only true just before the great depression and look where we are now...