To: Vintage Freeper
Debt is fine when incurred for investment in productive efforts. Such as starting a business, acquiring a rental property or a professional degree which has demand in the economy.
Debt is poison when incurred for CONSUMPTION. There lies the problem with federal debt...lion's share of it is for consumption.
4 posted on
04/03/2012 1:11:28 PM PDT by
entropy12
(Every tax payer now owes $150,000 towards the national debt. Greek tragedy on the way here.)
To: entropy12
Yes.
AND...
some health care is investment and some health care is consumption. Think about that. if you have the balls.
9 posted on
04/03/2012 9:53:20 PM PDT by
mamelukesabre
(Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line)
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