Jim,
OK, let's get down to reality.
The government has been reducing the deficit on the back of infrastructure for many years. In the name of privatization we have turned things over to industry, at the same time that we dramatically punish companies for missing earnings by a penny. As a country, we haven't invested in roads, we haven't invested in traditional power plants, we haven't invested in alternative energy, we haven't invested in airports or air traffic control, and we haven't invested in oil exploration. As a result, we have traffic grid lock, air traffic grid lock, an electricity crisis just unfolding, and an energy shortage.
That's a part of the cost of today's prosperity. Starting with the Reagan administration, we stopped investing in the infrastructure for the future. We have wonderfully balanced federal, state and local budgets and wonderfully profitable companies, AND REASONABLE TAXES, all paid for by the previous generation. The problem is, stuff is starting to fall apart.
I HATE politics.
John |
