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It's all about how you frame the loss. Infrastructure costs money, but you gotta spend money to make money. It is indeed an expense for governments of all shapes and sizes, I don't think there's any way around that.

Regardless of how you frame the expense, I think it's far more appropriate to think of it as an investment (which has a long, historical record of paying off very well).

by Alex B. on Mar 9, 2009 5:29 pm • link • report

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