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(I realise this video leans on the side of conspiracy theory, and perhaps even anti-semetism, but it nonetheless makes an important fundamental point)
Guru
Government debt is bad! (video)
(I realise this video leans on the side of conspiracy theory, and perhaps even anti-semetism, but it nonetheless makes an important fundamental point)
Last edited by Anders Hoveland; Jun 13 2012 at 04:09 AM.
Yes, it shows an innate anti-intellectualism in those that can't be bothered with constructive macroeconomic comment
Guru
Please explain how borrowing money just to throw it around at everyone could be helpful.Originally Posted by Reiver
No, why don't you instead present something with some intellectual merit? By presenting garbage you'd only described that you haven't got an argument
Guru
It is obvious how government debt is not fair to the taxpayer. It just creates special opportunities for wealthy people to have safe (guaranteed by the taxpayer) places to put their money while extorting huge compounding interest payments from the taxpayers (now the interest rates are low, but they will eventually go up, and the Treasury will not have any other option except to pay whatever interest rates it has to to keep servicing the debt).
If the government actually invested the money, it might justify the interest payments. But virtually none of this money is actually going to real investments. We hear all the time about how politicians are "investing" our money into uses to benefit society, yet the public does not question what the equivalent rate of return actually is from these "investments".
Again you just come out with vacuous remark. Why don't you try and support the thread's title with a scholarly resource? Demonstrate a keenness of mind that can be supported by something more than just fluff
Guru
Entailments is bad - Scout...
... in 'To Kill a Mockingbird'.
Kinda funny how, instead of a 'sequester', the Wall Street bankers got bailed out.
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