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Re: Amtrak changes-LD Trains

Posted by Jackson Park B Train on Wed Aug 14 14:10:02 2019, in response to Re: Amtrak changes-LD Trains, posted by AlM on Wed Aug 14 10:40:53 2019.

long term debt is accumulated annual deficits. That said most of us have long term debt--car loans, mortgages, school loans. We hope to slowly pay them down rather than see them increase. When the GOP wants to block specific spending, they become deficit hawks; when they want to decrease taxes on their paymasters, deficits become unimportant.
Robert Reich likes to point out that ALL of FDR's deficit spending--domestic social investments, and WWII was paid off in the post war economic boom.

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