Other people's money is cheap
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They want to destroy the government. I cant think of any other explanation
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They want to destroy the government by... making large scale infrastructure investments when interest rates are at historic lows? Maybe you need to think harder.
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He’s is correct. How were these bridges financed originally?
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There’s a good argument that real infrastructure should be paid for with bonds linked to the economic life of the project. However we decided to fund a trillion of $ paid to prop up consumer demand via deficits https://en.as.com/en/2021/05/24/latest_news/1621886139_654313.amp.html … so here we are
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Yes it is. Interest rates are low, that means it’s not expensive to borrow
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Did you guys learn nothing from the 2008 collapse?
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You seem to have missed the part where borrowed money needs to be paid back some day. Also, when you are trillions of dollars in debt, it's not like contracting a single fixed-rate mortgage. Debt is cumulative. But I guess they don't teach that on Reddit.
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Aw, are you just now learning about interest rates?
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