Thanks professor. Do you know private debt and state debt are hardly the same? Have you considered the opportunity cost of not having public energy, therefore losing potential “earnings” to private investors? Or are you telling me next that rich people are a necessity as well? Is trickle-down part of this course or do I have to wait for 201?
It’s not rhetoric. It’s economics 101. Opportunity cost.
A mixture of private and public is best.
Edit. A mixture allows more spend on more things. Govts can’t sell infinite debt
What opportunity?
Opportunity cost. If you spend money on one thing, it means you can’t spend it on something else
Thanks professor. Do you know private debt and state debt are hardly the same? Have you considered the opportunity cost of not having public energy, therefore losing potential “earnings” to private investors? Or are you telling me next that rich people are a necessity as well? Is trickle-down part of this course or do I have to wait for 201?
What a lot of shite you write. Where does the state debt come from genius?