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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (40043)3/17/2013 10:54:10 AM
From: longnshort2 Recommendations  Respond to of 85487
 
sure it didn't work in the 30s so lets try it again. didn't work for cuba, the USSR and China...so lets do it again.



To: puborectalis who wrote (40043)3/17/2013 12:12:37 PM
From: i-node3 Recommendations  Read Replies (1) | Respond to of 85487
 
>> debt is poorly understood

And NO ONE understands less about it than you.



To: puborectalis who wrote (40043)3/17/2013 1:47:41 PM
From: TopCat3 Recommendations  Read Replies (1) | Respond to of 85487
 
"debt is poorly understood....."

Actually, it's a pretty simple concept.....even a doctor should be able to understand it.



To: puborectalis who wrote (40043)3/17/2013 8:51:59 PM
From: Jorj X Mckie3 Recommendations  Read Replies (2) | Respond to of 85487
 
debt is poorly understood and we desperately need higher levels of government spending

One important thing to understand about debt is that you have to pay the interest on it. And debt servicing is in the top 5 expenditures of our government. And every bit more of deficit spending adds to the debt and the interest that we are obligated to pay on it.


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