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>Governments don't work like a household. What matters is borrow costs and use of funds. If a government can borrow and the net growth generated is greater than
by SilasX 5y ago
>Governments don't work like a household. What matters is borrow costs and use of funds. If a government can borrow and the net growth generated is greater than the interest rate on the debt, it's a good thing to borrow. Like any business debt.
If that was an attempt to show a difference from households, I don't see it, since those thing are equally true of households.
- VHRanger 5y agoA household spends to consume or enjoy leisure. You might invest it as well, but that's not "spending" A business spends to generate ROI.
- SilasX 5y agoA house hold can spend to consume or invest, and I was only replying to the remark you made, not whatever new argument you might make later to salvage it.