If you wanted to discuss reality, then you would admit that interest rates are historically low and ANY government in the country could borrow at historically low rates. Also, if you wanted to stay in reality, you would admit that in times of severe economic recession and/or high unemployment, allowing people to take pay cuts or lay offs, instead of borrowing, is a sure fire way to make matters worse.
But you don't want to be in reality do you? You just want to insult anyone who doesn't agree with you.
we have borrowed, we are borrowing, that is not the answer, we are beyond that, you appear to be the same carbon copy Lib, just spend, borrow it beg it steal it tax , but just spend...and there is never ever a point at which we stop, or, you tell me what is that stopping point?
at what point if any would you say no no more borrowing at any rate....
do you believe that private sector jobs should receive the same federal or state sppt. as in salary subsidies? if not why not ? if yes, pleas say why.
insult don't be a hack, stop telling me what you think I am saying or what you want me to say or be seen saying, to fit your narrative, and answer/address what I AM saying.
We can stop borrowing when unemployment has dropped to a normal range. Say, 5.7%. That's 2.5 percentage point drop. Also, when the private sector is adding hundreds of thousands of jobs every month. At that point, stop borrowing if you want. Cut people loose. The private sector will be able to accommodate them.
so whats happened the last 3 years where in we have borrowed and spent a total of 5 trillion? why isn't the private sector adding those jobs now?
Also, if I can borrow at 1% and get a 4% return, I will do that every day and twice on Sunday. The Government can do that right now. Today. And twice on Sunday. We should stop borrowing when we can't do that. Until that day, it is idiotic not to borrow and grow the economy and country.
where? a 4% return? where is that coming from? we've been getting a return?
No, the private sector should not get that support from the government. In large part, because private companies are sitting on $2T in cash, and also, because they can borrow too!
uhm hello when the gov. borrows WE pay it back, that money borrowed by the fed given to states to carry those jobs created or saved is being paid by US.........wtf? you seem to think just borrowing 40% of the money we spend is going to magically change the paradigm? why hasn't it then?
Now, you're turn.
With high unemployment and low consumer demand, why do you want more people laid off and more salaries cut? Or not increased? How will this help the economy?
becasue the states won't get their books in order until the burden they have created by moving ahead of and hiring ahead of inflation and population growth creates the very thing we see played out in illinois, rhode island, maine, califorina, NY etc etc....did you read any of the snips and links I dropped into this thread? Rahm Emmanuel, yes rahm, is screaming for relief, not higher taxes, becasue education and public sector salaries and benefits are sucking up whats he has to spend to ruin the rest of the gov. and he realizes that higher taxes have a deleterious effect at a certain point, people leave, biz's stop hiring or leave as well, hello. .
Are you aware that we have hired in the education ranks ahead of student pop. growth? why? over the last 30 years money spent on education has exploded and student achievement has stayed relatively flat....why? are we not expected to see a 'return' on that investment?
Also, with respect to teachers, again I ask, how does taking money from the school help increase competition? How does paying teachers less attract more into the field and increase competition?
becasue the system is broken, see above, we have thrown buckets of money at education and? where are we now and were were we 30 years ago?
you want to talk about good teachers, retaining teachers? ok, tell me why a teacher of the year gets laid off while others who are not as good on any comparative measure get to keep their jobs?