Jeopardy Answer

[Russell Turpin]

Bill Kearney:
>As for benefitting infrastructure, SSA and other gov't programs DO this 
>already. The employees there are doing all the same things citizens would 
>do in private corporations; the eat, drive, shop, spend and otherwise
>participate in the economy just like private sector employees.

Are you really going to assert that there is no difference
economically between investment and consumption? Mind you,
nothing I've said concerns the difference between public
and private sector. I'm not pointing to that distinction,
but solely to the difference between resources put to
work for creating FUTURE value -- whether building roads
or improving chip mask lithography -- compared to resources
used for CURRENT consumption. Now yes, the workers who
build the roads or improve chip technology then spend those
dollars. And that's consumption. But first they build the
roads or improve chip technology, etc. Are you really going
to argue that that makes NO difference?

SOME government programs are investment and do improve
infrastructure. SSA is not one of them, except arguably
for the "trust fund," which is a small part of
contributions.






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