RE: Tea Party candidate taken behind the woodshed by an old man asking a simple question
June 21, 2014 at 3:38 am
(This post was last modified: June 21, 2014 at 3:41 am by The Grand Nudger.)
Why not borrow money? It's the most effective use of money if you intend to grow. If you don't - then worrying about repaying loans is a bit lower on the list than, say, maintaining municipal water.
(by choosing to subsidize your current spending with future debt, you decrease the burden of each dollar on the tax base across the entire stretch of time - there will be more of them/they will be worth more at that later date. It's a gain.)
If someone else is willing to fund our infrastructure.... we should let them reach into their wallets. We'll get more out of it than they will ever get in return.
(by choosing to subsidize your current spending with future debt, you decrease the burden of each dollar on the tax base across the entire stretch of time - there will be more of them/they will be worth more at that later date. It's a gain.)
If someone else is willing to fund our infrastructure.... we should let them reach into their wallets. We'll get more out of it than they will ever get in return.
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