Wednesday, December 01, 2004
More guns; fewer textbooks
Not the most popular opinion, this one. Less government money should be spent on education, as people who receive it reap most of the benefit themselves. The younger the student, the more efficient the investment so public money should be focussed on infants. Grown ups can look after themselves. The defence budget should be increased for these reasons:
1) It’s demand management and gives the government a way to stabilise the business cycle.
2) Research and development will have knock-on effects in other high technology industries.
3) It allows an independence from US policy. You can’t complain about the US sticking its oar in everywhere then demand action from them in Dafur. Other countries (I'm looking at you, Europe) could go their own way more if they could back it up.
Just trying this one out.
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Not the most popular opinion, this one. Less government money should be spent on education, as people who receive it reap most of the benefit themselves. The younger the student, the more efficient the investment so public money should be focussed on infants. Grown ups can look after themselves. The defence budget should be increased for these reasons:
1) It’s demand management and gives the government a way to stabilise the business cycle.
2) Research and development will have knock-on effects in other high technology industries.
3) It allows an independence from US policy. You can’t complain about the US sticking its oar in everywhere then demand action from them in Dafur. Other countries (I'm looking at you, Europe) could go their own way more if they could back it up.
Just trying this one out.
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