Author Topic: Government Day-to-Day  (Read 13996 times)

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Offline wilber

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Re: Government Day-to-Day
« Reply #195 on: February 10, 2020, 02:57:47 pm »
1. The bridge is paid off at the end of its life just like the car.

2. A small amount of debt can be used as a tool... not a concern.

The bridge was just an example, in fact I don't know if there is a schedule to pay it off, I hope there is.

My point is, using debt to GDP as a parameter to justify borrowing means there is no intention to pay it off.
"Never trust a man without a single redeeming vice" WSC
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