Originally posted by eljefejesus Debt is a good thing at manageable levels, like 5% of income when that debt is an investment, or like financing an education that will raise future incomes, or even a home to own rather than always renting. For governments, with all the income they generation and affordable debt, I could understand 30% of GDP for many investments, but not 80% of GDP for ...[text shortened]... ves anyway, so now the government is representing the voter by copying rather than governing...
No, it's like mortgaging your future to save your business.
buy buying your business a nice new lexus and initiating a new group health plan for your workers with very little contribution required to make it affordable, that will really help one's business!