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   JA Westenberg (daojoan@mastodon.social)'s status on Wednesday, 07-May-2025 20:49:25 JST JA Westenberg

   Conservative economics has a temporal bias: immediate costs are ‘real’ while long-term benefits are ‘speculative.’ Hence infrastructure and education are ‘expenses’ rather than investments. It’s temporal discounting elevated to political philosophy.

   • Embed this notice
     DistroWatch (distrowatch@mastodon.social)'s status on Thursday, 08-May-2025 02:57:37 JST DistroWatch

     in reply to

     • James 🦉 #FBPE 🇪🇺

     @freequaybuoy @Daojoan This was my thought too. Defence spending now to face potential threats later is considered fine. But education now to benefit the next generation is seen as a waste. It's as though the politicians are less worried about _government_ costs vs reward and more interested in what will benefit _them_ in donations and lobbying.

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     James 🦉 #FBPE 🇪🇺 (freequaybuoy@mastodon.social)'s status on Thursday, 08-May-2025 02:57:38 JST James 🦉 #FBPE 🇪🇺

     in reply to

     @Daojoan Yet defence is never speculative, nor to be questioned.

     Steve's Place repeated this.