Friday, December 21, 2012

Where's the evil?

If debt is evil, then so is savings, for they are one in the same thing seen from different perspectives.  So this kind of moralism is useless, if not counterproductive.

Much more useful to look at outcomes.  The outcome of failing to borrow to pay for educating our children, maintaining and expanding our infrastructure, pushing forward with research, and, ultimately, a Green New Deal of renewable energy and transportation systems, the outcome of failing to do those things when we had the perfect opportunity to do so will be--quite predictably--disaster, catastrophe, and collapse.

Now that is EVIL!

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