[Winona Online Democracy]
Hi Cherisa,
While no one who knows me will call me a conservative, there may be some
good reasons to have a national debt. It is very similar to corporate or
personal debt. If you go into debt (borrow money) to start a business, get
an education, build a home, etc. this could be good debt because it is
productive. If you run up your credit card buying lottery tickets,
gambling, buying booze or cigarettes, etc. it could be a bad thing. So our
government could borrow money from us and use it on public projects that
improve society or the economy and it would be good debt. They can also
waste it and here is where it gets sticky because what a liberal like myself
might think is a good investment (welfare, schools, etc.) could be
considered waste by my conservative friends. So unfortunately the answer is
the usual "It all depends."
Bill
William Davis MD
Family Medicine of Winona
825 Mankato Ave
Winona MN 55987
507-454-5050
507-454-5102 (Fax)
[EMAIL PROTECTED]
Medical Director WinonaChoice
-----Original Message-----
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]]On Behalf Of Cherisa Templeton
Sent: Thursday, December 21, 2000 3:54 PM
To: [EMAIL PROTECTED]
Subject: [Winona] Re: National Debt
[Winona Online Democracy]
New subject: National Debt
>From my perspective it seems that only the Democratic Party (and I believe
the Green and Natural Law Parties) are interested in paying down the
national debt. Why is this not a priority for the Republicans as well? It
seems to me that paying off the national debt will save us gazillions (a
lot) in interest, which will in turn give tax relief to all of us.
I am really hoping one of my more conservative friends out there can answer
this in a way that will make sense to me. Perhaps my perception is wrong?
Cherisa Templeton
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