• @BigBlackCockroachOPM
    link
    21 year ago

    Is the debt ceiling useful? Seems to only limit your options without any upside.

    • @KISSmyOS
      link
      2
      edit-2
      11 months ago

      deleted by creator

      • @BigBlackCockroachOPM
        link
        21 year ago

        Makes you wonder how there was a super majority in parliament that i assume prevented Germany from taking advantage of the free money with those 1% interest and lower…

        I bet the people who voted for that wish they didn’t in hindsight.

        I understand that too much debt is bad, but you have to spend money to make money. Many of the biggest cash-cows have been government funded research at some point (computers, chips, laser, atomic energy, internet)

        I wish there was a more science based approach to policy instead of just going with unchecked/unreflected biases (i.g. “debt is bad”)

        • @KISSmyOS
          link
          1
          edit-2
          11 months ago

          deleted by creator

          • @BigBlackCockroachOPM
            link
            21 year ago

            Germany is the major source of EU funding. Saying that others pay for their investments is blatantly false.

            • @KISSmyOS
              link
              1
              edit-2
              11 months ago

              deleted by creator