From the Onion...right? "For generations, we've viewed spending on our nation's young people as an investment in the future," Snow said. "Unfortunately, investments of this type take a minimum of 18 years to mature, and even then, there's no guarantee of a profit. It's just not good business." Snow compared funneling money into public schools, youth programs, and child health-care clinics to letting the nation's money languish in a low-interest savings account. "This is taxpayer money we're talking about," Snow said. "We can't keep pouring it into slow-growth ventures, speculating on a minuscule payout some time in the future. Federal expenditures are recouped when a child grows up and becomes a productive, taxpaying member of society. But we don't see a sizable return on our investment unless a child invents something profitable, or cures a costly disease, like cancer. The wisdom of making such long-range, long-shot investments is questionable at best, especially when you consider inflation. America would do better to invest in profitable business ventures. It's just that simple."
9/26/2003
About Me
- Name: Josh Eidelson
- Location: Sacramento, California, United States
Josh Eidelson received his Bachelor's and Master's Degrees in Political Science from Yale University, where he helped lead the Undergraduate Organizing Committee. He has written about local and national politics as an opinion columnist for the Yale DailyNews, a research fellow for Talking Points Media, and a contributor to CampusProgress.org. Views expressed here are solely his own. Contact: "jeidelson" at "gmail" dot com.
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