Peter Schiff on debt downgrade

fair enough
hence the beauty of local elections. you get to vote on bond issues and/or elect local representatives that will use their influence to fund or not fund projects you feel are worthwhile.
 
because often there is not a direct/immediate profit incentive for private parties to build/maintain infrastructure

but the economy and/or society as a whole will benefit from it.
 
you have a lot of good points in your argument, but calling people nigger and faggots, etc, just makes you look like a hot head that people aren't interested in learning from.
 
i said there is no immediate profit for a given organization...yet it increases the overall economic utility of the market

dude, this is basic econ101 stuff
 
Standard & Poor's first-ever downgrade of US Treasury debt could lead to some market tumult next week, investors and analysts said Saturday.

oh shit... raise it back up, quick!!
 
if the addition to productivity in the aggregate outweighs the cost of the new freeway, then it is a net economic benefit.

yet any given business would never have the incentive to build it
 
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