this post was submitted on 23 Jun 2024
99 points (98.1% liked)

World News

32348 readers
345 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] SomeGuy69@lemmy.world 20 points 5 months ago (6 children)

Germany's ~~autobahn bridges~~ falling apart

Thanks to not making any debts. It's all the infrastructure, I don't think a single one isn't about to break down.

[–] smiletolerantly@awful.systems 18 points 5 months ago (1 children)

I've gone nearly insane trying to argue about this with family. How hard is it to see that investment in infrastructure pays dividends in the long run??

[–] DAMunzy@lemmy.dbzer0.com 10 points 5 months ago (1 children)

Because it requires raising taxes and very few want that. Raise it on just the rich? Even the poor don't want that because they're just temporarily embarrassed millionaires.

[–] smiletolerantly@awful.systems 16 points 5 months ago

It does not. Spending money you borrow at an interest rate that's as low as it currently is, is way, way, way cheaper than going "Oops, sorry, there's currently no money for roads / bridges / hospitals / Kitas /..." and waiting until they've fallen into complete unrepairability, at t which point you'll have to rebuild for way more money.

And speaking of Kitas: we currently have far too few. This forces some parents to stay at home even though they want to work. Borrow money, build Kita, a sizeable portion of the population returns to the workplace.

Better infrastructure allows people to earn more. More earnings is more taxes collected, without raising them on the individual.

load more comments (4 replies)