Quote:
Originally Posted by JohnnyD
I never stated that all debt is bad, while "I figured as a business owner you'd understand that all debts aren't bad" assumes I did or that I don't understand that taking on *some* debt could be good.
Increasing deficits and debt with no real outlook at how the debts are going to be paid are what caused the collapse of the financial sector and, as I stated earlier, is how the Iraq War/Tax Cuts relationship was a major contributing factor to our current economic state.
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OK, you didn't come right out and say it, but it was definitely implied when you used words like "insane" and link Bush's economy (which you refer to negatively) with "massive increase of national debt".
You can't have it both ways. And for the record, I think as usual we're not that far apart on our thoughts here. We just have a different way of arriving there.