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A comment on Trump's NASA cuts would destroy decades of science and wipe out its future. Parent comment

Re:Trump's NASA cuts would destroy decades of science and wi... by hackyhacky on Thursday June 12, 2025 @12:41PM (#44259782)
> There's also near zero evidence we actually need a balanced budget for a healthy economy.

The alternative is to pay an ever increasing amount of interest on our ever increasing debt.

The other alternative is to default on our debt obligations.

Neither option is good.

[ Parent | on HN ]
Re:Trump's NASA cuts would destroy decades of science and wi... by whatshisface on Thursday June 12, 2025 @01:36PM (#44260419)
If you borrow at 3% to invest in an asset that yields 10%, you can increase your position forever and will be rewarded.
[ Parent | on HN ]
Re:Trump's NASA cuts would destroy decades of science and wi... by hackyhacky on Thursday June 12, 2025 @01:50PM (#44260579)
Sure, but that is not what is happening. In reality, debt is increasing faster than GDP and interest represents a larger part of the budget. Do you think that's sustainable?
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Re:Trump's NASA cuts would destroy decades of science and wi... by whatshisface on Thursday June 12, 2025 @03:14PM (#44261935)
It'll be even less sustainable if we cut investment spending in science in favor of uncapitalized spending.
[ Parent | on HN ]