179 karma · joined November 29, 2010
I even agree that I would not payoff 3% debt while I could earn higher elsewhere. However, the government isn't doing that. They aren't delaying payback so they can earn a higher rate somewhere else, they are delaying payback and spending the funds.
No it's not. Wouldn't it be much better to not have to constantly pay billions to simply pay the debt's interest? We aren't even reducing the principal, which is why we have to keep raising the debt ceiling.
That's like saying it's perfectly fine to maintain a large credit card debt because you have a high income.
Just because you can handle it, doesn't make it wise.
Wouldn't it be better to describe it as running serially, using non-blocking asynchronous function calls? Guess that doesn't really roll of the tongue, though.