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- Xref: sparky alt.politics.perot:5937 talk.politics.misc:69964 alt.activism:21410 alt.politics.usa.misc:959 alt.politics.reform:239
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- From: quilty@titan.ucs.umass.edu (Lulu of the lotus-eaters)
- Newsgroups: alt.politics.perot,talk.politics.misc,alt.activism,alt.politics.usa.misc,alt.politics.reform
- Subject: Re: This "Interest Rates are Sucking up the GNP" Thing
- Date: 26 Jan 1993 12:25:51 -0500
- Organization: University of Massachusetts, Amherst
- Lines: 17
- Distribution: usa
- Message-ID: <1k3s6vINN2tj@titan.ucs.umass.edu>
- References: <C17LIt.1AME@austin.ibm.com> <1993Jan25.153216.10311@Princeton.EDU> <C1Fy16.Bxs@newsserver.technet.sg> <C1GvEr.151w@austin.ibm.com>
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- In article <C1GvEr.151w@austin.ibm.com> alan@auntbea.austin.ibm.com (Alan R. Weiss) writes:
-
- > 2. What have we got to SHOW for all this debt? I mean, was
- > it invested in "infrastructure" (i.e. new roads, schools,
- > productive enterprises earning a profit, etc)? No.
- > It was consumed. It may have kept some people alive for
- > awhile, but it did not increase aggregate wealth. It has
- > been a rathole.
-
- Why, what about all those thousands and thousand of nice shiny
- missles, and not-so-shiny stealth bombers we got for our $3 trillion.
- Money well spent. ^)
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