Reaction: Are you concerned about U.S. debt?
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Yes, plenty of us are debt free, and we expect our government to be debt free, too. There may be reason for short term indebtedness, but not long term. When I've borrowed money in the past, I pay it off quickly. There is no sense in living with debt . . . . life is so much more expensive that way.
oilhammer04 1 year ago
The government can print money, so they don't have a lot of incentive to spend frugally. There are so many lawyers in Congress and we need more conservative accountants who have a better idea of the benefit of being debt free. It use to be that if Congress got $1.00 in taxes, they spent $1.50. They haven't learned, and I'm sure it's much worse now.
oilhammer04 2 years ago