Skip to main content

View Diary: How to be the Smartest Guy in the Room (154 comments)

Comment Preferences

  •  Abso-freaking-lutely. Infrastructure has to be (3+ / 0-)
    Recommended by:
    Pluto, bleeding blue, glorificus

    built or maintained anyway, why would we waste millions on interest by waiting until it goes up rather then shoveling as much as possible into the economy while it's next to nothing? Totally asinine.

    Maintenance on infrastructure saves something like $36:$1 vs replacement, so borrowing while rates are so low to save money on both interest and maintenance that needs doing anyway is a no-brainer before you get to the whole 'inject-boatloads-of-money-into-the-economy' thing.

    They may claim to be conservative and financial whizzes, but somewhere along the line they haven't figured out the difference between spending and investing.

    And actually that isn't true, they damn well know the difference, disingenuous is the most polite term for hijacking the wealth of our nation for their own games. ::Grrrr::

    Information is abundant, wisdom is scarce. ~The Druid.
    ~Ideals aren't goals, they're navigation aids.~

    by FarWestGirl on Mon Mar 04, 2013 at 02:14:48 PM PST

    [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site