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To: Sherman Logan
You raise good questions, what does generate wealth? Do computers generate more wealth? They have the potential but it depends on how you use them. They have been used to generate a lot of bureaucracy.

Maybe it is an issue of maturity. When the Interstate system was put in, it generated a lot of wealth. But spending on the interstate system now does not, it is a maintenance item that is important but it doesn't generate new wealth when we spend on it.?

54 posted on 06/21/2011 12:56:38 PM PDT by PeterPrinciple ( getting closer to the truth.................)
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To: PeterPrinciple

Well, I would contend that maintenance is a form of wealth generation or at least protection. If you don’t do the maintenance, the system stops functioning pretty soon and then you have a serious loss of wealth.

I find it quite interesting that lots of posters here are quite willing to post all about how government never creates wealth, but are shy about posting their definition of what is and is not wealth creation.

If they can’t define what they’re talking about, how can they be so positive the government isn’t doing it?


55 posted on 06/21/2011 1:07:25 PM PDT by Sherman Logan
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