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Politics : The Castle -- Ignore unavailable to you. Want to Upgrade?

To: Tom C who wrote (172)	11/9/2002 7:48:29 AM
From: Neocon	Respond to of 7936

In referring to these things as assets, he was primarily noting that they contribute to GDP, not that they are saleable (although they are, in a crunch, of course). Thus, although the Interstate Highway System was built for national defense, it also expedites shipping by truck, thereby lowering the coasts per pound of shipped items. It also lowers driving time for commuters and vacationers, thus reducing gasoline consumption. It was effects like these he was most interested in. Debasing the currency is generally not wise policy, but it has to be admitted that it does make it easier for a sovereign state to manage its obligations.