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Brown Cafe UPS Forum
UPS Union Issues
Is anyone following Wisconsin?
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<blockquote data-quote="bbsam" data-source="post: 812759" data-attributes="member: 22662"><p>That's a pretty simplistic notion. If we are talking economics, then simply put debt is not in itself an evil. Obviously debt should be manageable and at a favorable rate, but to simply say debt and in particular government debt is bad is just silly. It's foolish business. That's how you actually spend more trying to keep a crappy piece of machinery running just by replacing parts rather than take out the $120,000 loan at 4 1/4% interest and get a better, more reliable, and in the long run more cost effective product. </p><p>Same thing goes for roads in this country. Think the Autobahn has gaping craters for pot-holes? Hell no. They build the roads to last in Europe. The base is 4 to 5 times deeper and with better quality materials. Gotta do that if you want 140mph vehicles running the roads.</p></blockquote><p></p>
[QUOTE="bbsam, post: 812759, member: 22662"] That's a pretty simplistic notion. If we are talking economics, then simply put debt is not in itself an evil. Obviously debt should be manageable and at a favorable rate, but to simply say debt and in particular government debt is bad is just silly. It's foolish business. That's how you actually spend more trying to keep a crappy piece of machinery running just by replacing parts rather than take out the $120,000 loan at 4 1/4% interest and get a better, more reliable, and in the long run more cost effective product. Same thing goes for roads in this country. Think the Autobahn has gaping craters for pot-holes? Hell no. They build the roads to last in Europe. The base is 4 to 5 times deeper and with better quality materials. Gotta do that if you want 140mph vehicles running the roads. [/QUOTE]
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