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But much government spending does not fall into this category.
Yet lavish spending does not always guarantee success.
Cutting government spending does not lead to growth.
Even during good times, spending does not keep up.
State-supported spending does not include federal aid.
Of course, the spending does not stop there.
Again, higher spending does not seem to result in better care or greater patient satisfaction.
But for now, actual spending does not seem to reflect the gloom that people feel.
Such spending does not show up as investment on corporate accounts.
However, the armed forces are seriously hobbled by corruption, so spending does not translate into capacity.
This leads to a diminishing return on investment where increased spending does not deliver additional reach.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com