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View Diary: Public ready to blame Republicans if fiscal cliff talks fail (132 comments)

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  •  I agree. With rates as low as they are today, it's (2+ / 0-)
    Recommended by:
    condorcet, OldDragon

    not a bad time to borrow.

    If it can be said that raising taxes would harm the economy, and it has been said, then it should also be said that reducing spending right now could possibly harm the economy even more.

    I don't like a game where everything depends on trickle down economics working this time. How much revenue should Democrats agree to project based on growth alone? In my opinion, that's the critical question and I'd like to see it discussed in concrete terms. "Enough," "lots," and "plenty" are simply not acceptable answers to the questiion.

    Eliminate tax breaks that stimulate the offshoring of jobs.

    by RJDixon74135 on Tue Nov 13, 2012 at 03:00:17 PM PST

    [ Parent ]

    •  it is the best time to borrow. (2+ / 0-)
      Recommended by:
      RJDixon74135, Womantrust

      interest rates are negative or nearly negative.  government will have to borrow money anyway, and there are many things that government needs to do even if the economy were strong.

      it is just a waste of money to borrow later at higher rates.

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