Capitalism and Government Spending
Capitalism and Government Spending
When economic times are good it is easy for many of us to forget the important part government has played in these economic game. In times of economic crisis many people look to government for assistance, many times blaming it for not being more involved before the crisis occurred. I feel in these food times it is important to realize ?it is a bold man who would claim that we would be further ahead in the development and peaceful application of nuclear techniques, electronics, jet propulsion, agricultural husbandry, and disease prevention and control if during the past decade the government had not supported, directly and indirectly, a costly and commercially unsupportable research and development and instead had allowed private spending its head; or that bright people with advanced professional training would be more plentiful if education had been rationed by a full-cost price.? (Bator, 1960, p. 107) there are a number of programs that simply would not exist if it were not for the government, and some that would exist but members of society agree wold be unfair. These programs seem necessary for any type of long term growth. Such things as the public education system, national
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