Quote:
Originally Posted by DeltaBetaBaby
Why? There's a lot of talk about the deficit, but very little talk of any ACTUAL negative consequences associated with it.
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The biggest negative consequence, in my opinion, in the short-term is the interest on the debt. Interest rates are currently quite low. If interest rates were to rise, people wouldn't even be contributing to the debt with their taxes - they'd simply being paying off the interest.
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