Government ‘investment’ (ha! ha!)

Chattanooga capitalists pitch “public-private” partnership to guarantee their profits in a new ball stadium, and Mayor Megan Barry of Nashville proposes a F$5 billion “mass transit” outlay paid by taxpayers to enrich her cronies in the contracting fields. The state does not invest; it consumes, misroutes capital, malinvests seized funds and decapitalizes the real economy. (Courtesy Noogaradio 92.7)

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