Quote:
Originally Posted by jimjamuser
Wrong - and especially when we are in a low-interest environment. Telling people to now worry about the "boogeyman of national debt" is just a scare tactic. Now is the PERFECT time to borrow!
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The problem is it is very likely we will be getting some inflation and that will drive interest rates way up and compound the problem.
Govt spending is often very wasteful and there are too many things in this law that will not help us get back to where we all want to be.
Paying people more than they can make in the job they had before is not going to be putting people back to work.