Quote:
Originally Posted by redpoint5
That doesn't seem likely. Entitlements seem to be the biggest expense going forward, especially given a slowing population growth, predicted shrinking economy, and $21,000,000,000,000 national debt.
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Lomberg said that debt was good.That a nation had no world standing unless it had debt.Creditworthiness.
Interest rates are low.It's a good time to borrow for infrastructure,investing in the future.