Tuesday, March 19, 2013

Not Important

Infrastructure report card: D+. But at least it evaluates only unimportant stuff, like the quality of our roads, dams, sewers, gas lines, drinking water and other trivialities. We certainly shouldn't invest in fixing it, as this would only create a lot of jobs and ensure we don't have structural problems in the future (remember, infrastructure spending is supply-side spending!). Also, interest rates are at the lowest they'll be for at least a  generation, making the borrowing to pay for infrastructure as cheap as it will ever be for years to come. But the Social Security trust fund dries up in 30 years! What about that?!!!

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