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A comment on A Black Hole Engulfing the World's Bond Markets. Parent comment

Re:A Black Hole Engulfing the World's Bond Markets by chii on Sunday July 28, 2019 @09:12PM (#20550770)
> real return from the project.

why should a gov't project need to have any real returns? Social returns is enough. If the city is nicer to live in, if the businesses thrive because of increaed foot traffic, lower car accident rates, cleaner air etc.

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Re:A Black Hole Engulfing the World's Bond Markets by Armisael16 on Sunday July 28, 2019 @10:38PM (#20551117)
The city has to pay the money back at some point. This either requires higher tax rates, reduced services, or a larger pool of money to tax. The first two are quite unpopular.
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