@B2TS2VL2mos2MO
We can't borrow money forever & eventually the servicing costs of the debt will come back to bite us like back in the '90s
@B4GQS5PConservative1wk1W
Must be paid back in some effect and those most punished by its effects are typically the lower class it’s meant to help. Either leads to crowding out effect resulting in higher rates, or inflation if monetized, or higher future taxes, all hurting future economic growth.
@B3HBQ851mo1MO
If the government continues to borrow money. We will reach a point where the cost of debt services will grow too large for the government to be able to render services to the people. Constant deficits sacrifice the future generations for the luxury of the current generation.
Loading the political themes of users that engaged with this discussion
Loading data...
Join in on more popular conversations.