Skip to main content

View Diary: You can't borrow your way out of debt- what? (44 comments)

Comment Preferences

  •  Borrowing for INVESTMENT = good (3+ / 0-)

    Borrowing for CONSUMPTION = bad

    Solution? Define consumption as investment. That's what I do.

    •  well that's a good point (1+ / 0-)
      Recommended by:
      Mother Shipper

      from a personal point of view, accumulation is far from the most important goal in life.

      self-appointed intellectual cop

      by citizen k on Sun May 12, 2013 at 05:03:53 PM PDT

      [ Parent ]

    •  That is why government investment (0+ / 0-)

      in infrastructure needs to happen. It is good for the country.

      Remember the presidential campaigns (and many Republican races) when Conservatives were touting a massive Naval build up? Well, this is the only spending that Cons are able to entice their base into accepting...Conservative leaders KNOW that government spending is stimulative....but how to reconcile their two messages of less spending while spending more....

      "Those who can make you believe absurdities, can make you commit atrocities" Voltaire.

      by JWK on Sun May 12, 2013 at 06:53:51 PM PDT

      [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site