Your argument has nothing to do with borrowing. The same “choosing winners in the marketplace” argument can be made for government spending money it raised as t

Your argument has nothing to do with borrowing. The same “choosing winners in the marketplace” argument can be made for government spending money it raised as taxes. Whether the money the government uses to “choose winners” came from taxes raised, or property sold, or fines levied, in the past or in the future, has little to do with the question of whether governments should spend money and “choose winners”.