My take on a variety of topics that are shaping the U.S. in the 21st century.
Monday, November 04, 2013
Saving Money?
Why are our leaders loath to invest in our infrastructure? As the chart below shows, we have been on a downward trend since the 1960s.
We now invest about 3.6% of GDP compared to a postwar average of 5 per cent. And this is happening in a country that has one of the lowest tax rates in the world but spends more money on the military than the next five countries combined.
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