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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (45402)8/30/2010 1:29:54 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 71588
 
"I'm talking about the spending, not the borrowing. Obviously the spending drove the borrowing, but they are still too different issues."

I think not.

Unless there is SOME OTHER SOURCE (a 'rainy day' savings fund perhaps) that can be drawn from to cover the ongoing spending... then *necessarily* it is supplied from borrowing, and the costs associated with that debt CANNOT be ignored.


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