Current Events — HabitableZone

Current Events » in reply to "Obama unveils 21st Century New Deal", certainly better spent than on AIG

Debt

Some debt is good, like going into debt to finance your college education or purchasing the capital to start a business.

Going futher into debt to stave off a depression makes sense because if the economy is left to flounder for a few years, the loss of tax revenue would mean growing defecets and more National debt.

I must say, I watched Obama on Meet the Press this morning and it was extremely refreshing to see our next leader answering questions easily by knowing the issues. Also speaking without laboriously searching for words or.... making up new ones.

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