A reply to Quentin L. Kpopp’s January column, “Good Riddance 2021.”
In this new year, many Americans are no longer celebrate the arrival of it – they are celebrate survival of the old year!
I am impressed by the December commentary by the Honorable Quintin L., Kobb where he begins with the quote “Upon the education of the people of this country the fate of this country depends.”
In 1874, House of Commons member Benjamin Disraeli declared: “Upon the education of the people of this country the fate of this country depends.” In the Nov. 9, 2021 Wall Street Journal, columnist Gerard Baker contemplated “sanity re-asserting itself” in the United States. He identified “lunacy” in our country as: “The capture of the public discourse by the lunacy of righteous wokery, in which math is racist, logic is a tool of white supremacy, merit is privilege and mothers are ‘birthing people.’”
You obviously did not read my precise reasoning about why government needs to invest where private investment cannot.
Professor William Shughart of Utah State University described accurately the inaccuracy of “characterizing government spending as investment.” He reminded us public entities don’t “undertake projects based on expected rates of return, payback or any other sound financial criteria.”