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by lorecore
43 days ago
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Investing in domestic infrastructure would generate even greater returns. Yes, through some financial hand waving, we may funnel money spent on bombs back to US military contractors, but imagine if that same money was spent on a high speed rail system. It would unlock greater efficiency and logistics with the same money staying with US contractors. That's a purely financial take and not even touching on humanitarian or ecological costs of imperialism. |
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The dollar being the world’s reserve currency gives us the ability to print dollars for infrastructure projects with relatively little consequence.
This is now being threatened by our best attempts to get everyone in the world to hate us and see us as hostile, unstable idiots and unreliable partners.
I’ll also note that the America First MAGA crowd seem to also be against funding public infrastructure projects, especially the radically socialist notion of high speed rail.