0
TheBachelor

I was told that tax cuts DON'T create jobs

Recommended Posts

Quote

Think of it like a student in medicine school. They have to borrow a boat load of money in order to go through the education. Just because he is borrowing money from a financial institution (and a lot of it), does not mean he is anywhere near "bankrupted". He will borrow money at Prime Rate + 0.5% (even if its 100k, its still Prime + 0.5%).



More like a student who is $5 million in debt, is trying to borrow more and has a rich Daddy.

Share this post


Link to post
Share on other sites
Quote

Quote

Think of it like a student in medicine school. They have to borrow a boat load of money in order to go through the education. Just because he is borrowing money from a financial institution (and a lot of it), does not mean he is anywhere near "bankrupted". He will borrow money at Prime Rate + 0.5% (even if its 100k, its still Prime + 0.5%).



More like a student who is $5 million in debt, is trying to borrow more and has a rich Daddy.



Prove to me that the U.S debt is unsustainable. What indicators say that the U.S is in immediate trouble?

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

0