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PAUL KRUGMAN: Spend as if the future mattered

For centuries, America has invested taxpayer money in its future. Public funds built physical infrastructure from the Erie Canal to the interstate highway system. We invested in human capital, too: Universal education came to the United States early, and America basically invented modern public secondary education. This public spending laid the foundations for prosperity and helped make us an economic superpower.
New York United States Erie Canal Dewitt Clinton Donald Trump Claudia Goldin

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