Obviously, growth is preferable to stagnation, for everyone, and there is no sharp distinction between improvements which affect our children or their children's prospects now, and the future. For example, the space program paid off, rather than saddling future generations, by the revolution in telecommunications through satellite technology. Arapnet is paying off in the form of the computer/internet revolution.
Is this the same person who said a few posts back that he believed in the superior investing wisdom of the private sector? Now you are defending boondoggle spending, on the flimsy ground that it isn't a complete loss.
The "cost of the war" must be considered in relation to other costs. For example, how much did it cost to maintain sanctions against Iraq, something now unnecessary?
Very little.
What effect will Iraqi oil have on world prices?
Impossible to predict.
However, it should be noted that the safety gotten now is for the future more than the moment, and therefore our children and grandchildren are the primary beneficiaries.
Or the primary victims, if it doesn't go exactly according to plan. It hasn't so far. |
