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Politics : View from the Center and Left
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To: Gary Mohilner who wrote (308649)8/22/2016 7:45:50 PM
From: koan  Read Replies (1) of 543026
 
Great post, spot on. I will say I have seen the returns on education. Head start 30 to 1 and a decrease in crime too boot. But yes, we should be deficit spending for green energy and infrastructure as well. That is a no brainer.

Where Hillary is wrong about free college: We should not be afraid to fund free pre school and college. It will have returns far in excess of the debt to provide it. That is a clear statistic. The correlation between education and income is near 100%.

<<Certainly many assets of the Govt. like our National Parks ought never be sold, but they can be valued. Other assets could be sold if we chose to, and frankly if we wanted to pay off the debt, we could. I'm not pushing for that, but what I am saying is, let's stop making it a crisis to spend money. I believe if we spent trillions on infrastructure, our net worth might very well go up far more than our debt. Furthermore, the employment that making all the needed infrastructure improvements might very well pay so much in taxes that the cost would actually be nowhere near the amount of money spent on it after tax revenue were considered. I believe it's clear that States cannot maintain the infrastructure properly, they just keep applying band aids to it. We need massive improvement, it needs to come from the Federal Govt.
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