Funnily enough, that's what I expect a government to do (except for the war part). Invest into the future, reap the rewards later. It's very difficult to bring about change without credit of some sort. That's why I'm always confused by the debt ceiling debate in the US - assuming the money would be invested into the country and not siphoned off, which I know is naive. But investing money it doesn't have (yet) is one of the main levers a government has, usually supported by taxes in the following years.