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So you're okay with paying extra taxes today so money needn't be borrowed from the kids (and their kids) for a Mars expedition?
by fargolime 12y ago
So you're okay with paying extra taxes today so money needn't be borrowed from the kids (and their kids) for a Mars expedition?
- anigbrowl 12y agoYeah, some, although I think that with 30 year t-bills at ~3% some of it should be financed by debt, as we're likely to develop multiple growth- (and thus revenue-) enhancing technologies over a 30 year period. For perspective, Medicare and social security outlays over the same period are likely to exceed $50 trillion.
- fargolime 12y agoOkay, thanks for sharing your opinion on that. Myself, I'd rather see it paid off as costs are incurred, if we spend the money at all. If we weren't so in far in debt already (i.e. if future kids weren't so doomed), then we could take a chance on those revenue enhancements coming to fruition.