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FarCenter

(19,429 posts)

11. The politicians forgot about the "repay in good times" part

Reply to HiPointDem (Reply #4)

Wed Jun 27, 2012, 10:26 PM

Jun 2012

So now the borrow in bad times part doesn't work.

Borrowing more just commits an unmanageable percent of future revenues to just paying interest on the debt.

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Debt is manufactured by investors & they get paid 1st at the expense of the rest. Screw them. [View all] HiPointDem Jun 2012 OP

AFt outpouring of support...except from Washington DC and the race to the top crowd nt msongs Jun 2012 #1

Du rec. Nt xchrom Jun 2012 #2

That is why I no longer vote to issue government bonds when propositions of that JDPriestly Jun 2012 #3

except government spending is the only thing keeping 'the economy' from deflating HiPointDem Jun 2012 #4

kicking this in protest of the continuing presence of sunscreen on the first page HiPointDem Jun 2012 #5

The politicians forgot about the "repay in good times" part FarCenter Jun 2012 #11

Econ 100 sulphurdunn Jun 2012 #6

The leaders of some union aren't even elected by the general membership.. INdemo Jun 2012 #7

It is ironic sulphurdunn Jun 2012 #8

Kick. SO much to agree with here........... socialist_n_TN Jun 2012 #9

the creation of debt was how economic inequality first emerged. Odin2005 Jun 2012 #10