Many companies and individuals do it all the time. There is one prominent investment advisor — I hear them on the radio on Sunday mornings —, whose basic philosophy is to get everyone to mortgage to the maximum, so they can use the cash for other investments or save it for emergencies and such. You can issue stock to do the same thing, but with interest rates so low, borrowing makes some sense, though you and I probably wouldn’t do it.If there is enough revenue to pay all the bills & expenses, then what is the point of borrowing money you don’t need?
Kinda like having the government hold your job safe and secure as you test the waters in the private sector? This way you can have the best of both worlds while gaming the system!
Are you saying that private universities don’t offer leaves? How is my situation unique to the government?Kinda like having the government hold your job safe and secure as you test the waters in the private sector? This way you can have the best of both worlds while gaming the system!
Pot meet kettle.
Obama was a conservative when he warred on Libya?
That only works if the return is bigger than the interest you’re paying. I just don’t have any confidence that a government is capable of doing that.
Outside of the Dave Ramsey school of economics, almost every business and financially successful individual does so primarily to utilize leverage. Additionally there can be tax advantages, emergency fund preservation, etc.If there is enough revenue to pay all the bills & expenses, then what is the point of borrowing money you don’t need?
But, for a government?
They can still utilize leverage through monetary policy, in order to manipulate the economy. Every government does it.
Conservatives are not the only group who like to go to war. But it is conservatives who pretend to be interested in fiscal responsibility. If you think government spends too much and that tax rates are too high, then only a hypocrite would both raise taxes and raise spending at the same time. I think it is quite clear that conservatives have no real interest in a balanced budget or cutting spending.Obama was a conservative when he warred on Libya?
Source?Although it certainly goes against the Austrian School of Economics, which is the only school which has accurately predicted pretty much ever recession.
You might want to replace “conservatives” with “Republicans” – then you’d be pretty accurate in your assessment.
That is true. In reality, probably only 1% of the country are really true conservatives. After all, not true conservative can be in favor of social security and medicare. Since the market can easily provide annuities and insurance. But I was addressing the many who call themselves conservatives even though almost everyone who calls himself a conservative is not really one.
We’ve had the liberals running the show for 5 years now and all I see is more debt and death due to war.
True. But conservatives are the ones who pretend to be interested in fiscal responsibility? And about the debt our children will inherit.
How is it every moral to spend a future generations money? I mean if you want to go to war, then you should make the sacrifice, Maybe it means riding a bicycle to work instead of driving, maybe it means skipping a meal a day. But it is never right to burden someone else with what you think is a good idea (I mean you in the sense of all those who support the war).
Of course this is hardly an objective source and there are several recessions that they did not predict, such as the one in the early 80s, in the early 2000s etc.
It doesn’t really matter if they do or not. Private pensions offer retirement benefits. Government offer retirement benefits through SS. They are no different in design.
What was your point again? How is an unpaid leave government spending. What is my leave costing the government?It doesn’t really matter if they do or not. Private pensions offer retirement benefits. Government offer retirement benefits through SS. They are no different in design.
If you want to call SS retirees lazy then you are no different.
Have some backbone, just quit. If not you really are hypocritical.
I look at WW2 as an example. I believe most would see it as a just war. We borrowed to support it. If we didn’t we would have treated our children immorally by not protecting them.