Links: 2013-05-30

More bridges, less war spending for America | MuniLand
"Bear in mind that neither war nor infrastructure spending creates cash flows to cover their own costs, so it’s a clear case of setting priorities.I have proposed that the Federal Reserve substitute buying infrastructure bonds instead of mortgage-backed securities in its bond-buying program. There are many ways to fund infrastructure, but the nation needs to consider cutting war spending to do it. The economic returns are much higher, and i...


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