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by AnimalMuppet
2306 days ago
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No, learc83 has a point, in the abstract. If you borrow to spend the money, and the rate of return on what you spend it on is higher than the interest rate, then it's a good idea to go ahead and do it. That's true... in the abstract. In the real world, though, Congress decides where to spend the money - not based on any kind of return on investment calculation, but based on political calculations. So in reality, a positive return, if it happens at all, will only happen by coincidence. |
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