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It depends what your investment strategy is. If your goal is to be a rising tide that lifts all boats, then government spending is a good idea. But some people would rather all boats not be lifted. They'd just like to lift some boats, but sink others. Still, other people would prefer to sink as many boats as possible while being in control of the remaining boats that float. For people who fit into those later categories, government spending is not a good ROI.

As Timothy Snyder put it, authoritarian political capital is based on creating a "reservoir of fear" that the authoritarian can draw upon whenever he needs legitimacy or a mandate to enact cruel and inhumane policies. The reservoir of fear is created by making groups desperate, and you don't make them desperate by meeting their needs through funding government assistance programs.

Instead what you do as an authoritarian is you "other" and arrest their neighbors, take away their health care, allow their homes to be flooded, take away their information channels, prevent them from going to school, make sure they're unemployed, make food more scarce... make them desperate enough, blame their desperation on the "others" and they'll be happy to enact whatever cruelties you ask them to on the "others" if they think it'll lessen their misery, or at the very least bring more misery to the "others".



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