[fourspace]

To clarify, I meant over the long term. If you're not making profits or at least breaking even over the long term (spending <= revenues), you're out of business.

The problem with the US is that they aren't just borrowing in a low season, they're borrowing every season.

[kwis]

If my business could borrow at the same rates as the US government I would take on as much debt as possible, in perpetuity.

[tomjen3]

But you would properly build or create something with it.

That is the problem the US have -- they don't create anything.