Tuesday, April 23, 2013

Deficits Are Bad and the Sun Goes Around the Earth


It all depends on when the securities mature. Interest rates have been low for sometime and will probably stay low until the economy fully recovers. A good financial planner would take everything into account. THIS IS THE BEST TIME TO BORROW FOR INVESTMENTS and for redemption of long term bonds. Again, debt is not the problem. The government can spend to create jobs and to build long term assets at low interest rates. It doesn't make good economic policy to focus on the debt while there are so many Americans who are out of work, who are without adequate health care, and while our infrastructure is deteriorating.
Read the Article at HuffingtonPost

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