It's Not Debt That Keeps the U.S. from Investing in Education and Infrastructure

Fareed Zakaria pushes the pet myth of the arithmetically challenged elite (yes, that is probably redundant) that the federal debt is limiting spending for many important ends in his column this morning.

"It is politically paralyzed, unable to make major decisions. Amidst a ballooning debt, its investments in education, infrastructure, and science and technology are seriously lacking."

Arithmetic fans would evaluate this assertion by looking for evidence that the debt is causing problems suc...