I'm not a fan of government debt, but every kid born in the US is also endowed with a quarter millennium endowment of roads, railroads, canals, telecom, dams, cleared agricultural land ... and a 6,000 year inheritance of technology. Balance sheets have two columns.https://twitter.com/robinhanson/status/1321073611764125698 …
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I didn't say that they were created by government spending. Come on, man, I'm an anarchist. The topic is "does being born underwater make you a slave", and my point (as expressed in the final line) is that kids aren't born underwater.
6:22 AM - 27 Oct 2020
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