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Cake day: April 3rd, 2024

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  • The government spends money, and takes that money back through taxation. If the government spends money, incurs debt, and doesn’t get the money back, it’s due to a failure of taxation policy. Government money spent on services that are valuable to the public is not wasteful, which is the key point you are not understanding. They don’t need to generate a profit, like Apple does. They need to ensure that the wealth flows through the appropriate channels, which they have neglected to do since the advent of neoliberal policies. The government has no imperative to further technological innovation, like Apple does. It’s not their business. They are in the business of maintaining a basic quality of life for the population.