
Reflections on a tough Budget and tougher inflation. October 28, 2022
Motley Fool Money
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Is There a Return on Investment?
I would define an investment as one where you expect more to come back in the future. An early education, education full stop is a wonderful example of that because we can put a bunch of money out the door now and it's not going to help society for another 20 years. Insane rates of return. This affordable housing thing, I think, is a complete fig leaf. You know, maybe the government does end up using bully puppets. Use the levers of government to make other people do other things. And if they do, I had no problem with that conceptually. But especially, particularly, this is a government commitment to a million houses. They may even happen, but you
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