I hope will convince the public to purchase it. It is consuming resources that could otherwise have been used for a good investment. If, however, the federal government closes the obsolete bases, and instead spends those billions on a new armored division, it is investing in a more secure future for the country. This chart shows what happens to wealth when we make a good investment today. However, they are all investments, because they all make the future better in one way or another.
Government does a lot of investing, too .
Some of us didn't listen to Adam Smith Adam Smith tried to tell us two hundred years ago that a government should invest. After providing those, he said, it is then that a government should stay out of the free market's way. According to Smith, laissez-faire is only one side of the coin. Here's a chart that depicts what happens to our nation's wealth when we have a war. Obviously, war is not good news for our wealth and growth .