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View Diary: Why is it "Deficits don't matter" -- whenever THEY are in Charge? (24 comments)

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  •  The way I look at Deficits (2+ / 0-)
    Recommended by:
    jimreyn, DBunn

    is it's like going in debt,

    to buy a home,

    to go to college, or

    to start a business --


    Ideally such debt,
    will pay for itself in the long run ...

    assuming the debt is invested wisely
    in things that will benefit us in the future.

    (of course that's all on the micro-economic scale,
    and govts run on the macro scale.)

    The press is impotent when it abandons itself to falsehood. --Thomas Jefferson to Thomas Seymour, 1807

    by jamess on Wed Sep 01, 2010 at 08:34:14 PM PDT

    [ Parent ]

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