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Thursday, April 24, 2008

Borrowing for Infrastructure

Alas it is not the era of FDR but Mr. McNiff (Letters, Boston Globe, April 11, 2008: A12) is guilty of straining at a gnat while swallowing a camel (Matthew, 23:24).

At least our children will benefit from the restored bridges bought by the Massachusetts borrowing. It is not at all clear to me what benefits our children will receive from the trillion dollar borrowings from China by the Federal Government to finance the Iraq war. There was once the hope that we might bring stability to the Middle East, but those hopes have been shattered by the ineptitude of the Administration's prosecution of the war.

Our generation must start paying for the war though an income tax surcharge and a domestic borrowing program.
Sent to Boston Globe

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