maybe I'm not fully understanding your point, or public accounting, but it seems me that if government followed this order of operations 1. Collected sufficien

maybe I'm not fully understanding your point, or public accounting, but it seems me that if government followed this order of operations 1. Collected sufficient taxes (ie money) to pay for a work 2. Built the work spending down the money 3. counted the work as an asset on the public balance sheet (ie, we own the pipes) Wouldn't that mean no debt and not selling it off to corporations?