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View Diary: Senate deals on fiscal cliff, House action pending (296 comments)

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  •  You're discounting the reward (1+ / 0-)
    Recommended by:
    TRPChicago

    We are in the process of building something for the future generations. It is equally wrong to fail to do that when judicious borrowing can give us that opportunity.

    •  What are we building (0+ / 0-)

      (-5.50,-6.67): Left Libertarian
      Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

      by Sparhawk on Tue Jan 01, 2013 at 12:31:23 PM PST

      [ Parent ]

      •  A better America for those kids of yours and mine. (0+ / 0-)

        You must not have been very happy about US debt since about, what, 1980 or 1985?

        Few businesses can - or do - finance the results of tooling up their innovations and expanding their capabilities out of revenues from their customers. No one I know has ever bought a house without incurring debt.

        No, I don't think households or businesses are good analogs for government. (I expect libertarians do.) But government has many more responsibilities, most particularly "to promote the general welfare." While that may not be an affirmative grant of legislative power (the notion has scared conservatives for ages), it certainly is an overarching goal.

        Yes, our current level of debt is bothersome. Is it a tragedy? Nope. Can it be reversed? Yes. Are other priorities more important with a very slow recovery? Definitely.

        2014 IS COMING. Build up the Senate. Win back the House : 17 seats. Plus!

        by TRPChicago on Tue Jan 01, 2013 at 01:15:02 PM PST

        [ Parent ]

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