I was speaking of the short term. I do not regard borrowing as the source for financing social spending, in the long term.
On Wed, Dec 8, 2010 at 1:33 PM, raghu <[email protected]> wrote: > On Wed, Dec 8, 2010 at 11:33 AM, Max Sawicky <[email protected]> wrote: > > In general, not aimed at LP, the left opposition to BHO getting soft on > > deficit reduction for the sake of dinging the White House is very bad > > long-term politics. > > > Why should the Left embrace deficits? What is so great about paying > some rich bondholders interest to use their money instead of just > taxing the bastards? I understand doing deficits as a short term > measure to get economic stimulus quickly, but on a longer-term > time-scale it is just madness. > -raghu. > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l >
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