The government has the power to invest in infrastructure and education from "summary" of The Deficit Myth by Stephanie Kelton
One of the key arguments put forth is that the government does not need to "find the money" in order to invest in infrastructure and education. Instead, the government has the power to create the money it needs to finance these investments. This is a fundamental shift in the way we think about government spending. By understanding that the government is not constrained by revenue in the same way that households or businesses are, we can see that there is no financial barrier to investing in the things that matter most. Investing in infrastructure and education has the potential to generate significant economic returns in the long run. When the government invests in infrastructure, such as roads, bridges, and public transportation, it creates jobs and stimulates economic activity. This, in turn, can lead to increased productivity and higher living standards for the population as a whole. Similarly, investing in education...
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