Author Topic: Government Day-to-Day  (Read 53886 times)

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Offline Queefer Sutherland

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Re: Government Day-to-Day
« Reply #150 on: February 05, 2020, 11:15:05 am »
I went into debt ~20 years ago to buy a house. I had to pay interest on the loan. I now own the house and the value has risen to where it will pay back the interest I paid many times over. I could have stayed in a rental apartment I guess.

1. You paid into equity on an investment that is known to forever rise in value.  That's much different than most of the money the government spends

2.  You eventually paid off your debt and the interest payments have stopped, something the government doesn't do.
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