tag:blogger.com,1999:blog-12897315.post4754736740836167092..comments2024-03-28T09:54:55.115-05:00Comments on Dad29: Spendulus, IndeedDad29http://www.blogger.com/profile/08554276286736923821noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-12897315.post-40172656383876024252009-11-23T15:27:34.303-06:002009-11-23T15:27:34.303-06:00No you don't, Struppster.
I'd suggest tha...No you don't, Struppster.<br /><br />I'd suggest that you click the link and take a REAL hard look at the charts provided.<br /><br />It IS the spending, stupid, in the words of J Carville (roughly.)<br /><br />BTW, today's 2-year Tbond went at .08%. But debt is debt.<br /><br />How about you pay MY mortgage if I can arrange 3.5% financing? Hell, that's cheap, ain'a?<br /><br />Just double your earnings to make it happen. no problem-o!Dad29https://www.blogger.com/profile/08554276286736923821noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-83525307915053950462009-11-23T14:40:16.918-06:002009-11-23T14:40:16.918-06:00I think everyone can agree that our long-term defi...I think everyone can agree that our long-term deficit situation is dire to say the least. What some of us disagree on is why this is the case.<br /><br />For example, some us think that the "nuts and bolts" of government spending are out of control when the data shows that this just isn't a big problem in terms of our long term fiscal imbalances. <br /><br />Others think that if we focus on the real long-term problems like, say, addressing health care and social security in this country, we can control the debt/GDP ratio over the long run and keep out of trouble. <br /><br />In other words, some Americans believe that we should be addressing our actual long-run fiscal problems and other Americans are worried about the imaginary hyperinflation/sovereign default boogieman jumping out of the closet and biting us in our sleep sometime in the next year or two because we spent a few billion dollars, financed at about a 2% interest rate during a severe recession. <br /><br />I don't think I need to elaborate on who believes what.J. Struppnoreply@blogger.com