Re:Love it or hate it, truckers say they can’t stop listenin...
by MarkMc on Tuesday August 22, 2017 @09:11AM
(#15071992)
Why is paying off debt so important when long-term interest rates are so low? For example, the yield on 30-year Treasury Inflation Protected Securities is currently 0.92%. If the government sold these bonds to invest in long-term infrastructure projects, wouldn't that boost the economy enough to outweigh the increase in debt?
https://www.bloomberg.com/markets/rates-bonds/government-bon...
Re:Love it or hate it, truckers say they can’t stop listenin...
by benjohnson on Tuesday August 22, 2017 @12:53PM
(#15074195)
Government debt is a burden on the next generation - in that light, some consider it immoral.
Re:Love it or hate it, truckers say they can’t stop listenin...
by brianwawok on Tuesday August 22, 2017 @01:06PM
(#15074336)
Cool, so let's pull out of all wars and use that money to repay the debt. Win/win, right?
Re:Love it or hate it, truckers say they can’t stop listenin...
by Clubber on Tuesday August 22, 2017 @05:16PM
(#15076471)
I'm fine with that and not policing the world. Money wasted.
Re:Love it or hate it, truckers say they can’t stop listenin...
by MarkMc on Wednesday August 23, 2017 @08:41AM
(#15080999)
Is it necessarily a burden to have debt if it is coupled with infrastructure assets? Don't you need to quantify the debt relative to the assets in order to say whether it's a burden or benefit?
To me it means balancing the budget and actually working off debt. Right now, that means higher taxes. Being responsible with the treasury rather than borrowing with no intent to pay it back. Spending responsibly and ensuring the spending is not wasteful or kickbacks to political cronies, etc.