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HSR under new scrutiny
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<P mce_keep="true">[quote user="oltmannd"][quote user="Bucyrus"]Reducing debt advances our economy because debt places a drag on the economy that increases as the debt increases.<SPAN style="mso-spacerun: yes"> </SPAN>While there might be economic benefit from the product of an infrastructure investment per se, that benefit might easily be more than offset by an economic detriment from adding its cost to an already high debt load.<SPAN style="mso-spacerun: yes"> </SPAN>It would be Utopia if all we had to do to achieve prosperity were borrow money and spend it on things we need to make life more convenient.[/quote] Government spending in and of itself is neither good nor evil. It depends totally on who is the most efficient goods or service provider.[/quote]</P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=verdana,geneva>I can’t disagree with that as far as it goes.<SPAN style="mso-spacerun: yes"> </SPAN>But I do believe that, for a host of fundamental reasons, government is the least efficient producer of goods and services 99% of the time.<SPAN style="mso-spacerun: yes"> </SPAN>Government spending and investment is always sapped by the inherent corruption of the individual players using the money to fulfill political motivations and expand their empires.<SPAN style="mso-spacerun: yes"> </SPAN>That motivation is the true greed if you want to use a fashionable term.<SPAN style="mso-spacerun: yes"> </SPAN></FONT></P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT face=verdana,geneva size=2></FONT></SPAN> </P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT face=verdana,geneva size=2>About the only function that I can think of where government might be the most efficient provider is dealing with national emergencies, national defense, and things of that nature where an overarching organizational effect is beneficial.</FONT></SPAN></P>
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