We Can't Afford (Fill In The Blank)

I have previously revealed my annoyance at the idea that we can't afford doing what needs to be done because of the deficit. This is the "Oh, we're too poor" complaint. My usual response would be "balderdash!" I may change my response to "malarkey!" That's a good word, too.

I just came across a really well done blog that examines many issues similar to the ones that I address in this blog. It's always reassuring, even if it is true that the other author does it better than I do.

Here's a link to an essay entitled "Dam The Economists."  John, the author, points to the Hoover Dam, built at the height of the Great Depression and summarizes the continuing economic benefits to the country.

His point is similar to the one I make here , where I point out that the Great Depression was also an era of Grand Undertakings.