Any Trough and The Political Boffins Therein
I was listening to a discussion on a financial news network the other day which focused on S&P’s downgrade. As it was, the topic turned to a consideration of how a country should use its debt.
And invariably, the discussion’s topic landed on the issue’s which centered around about what could and should be done to bolster both growth and ensuring that public policy establish a solid foundation which could rebuild confidence to translate hope into a lasting, widespread organic economic recovery.
Without such there will likely be no broader manifestation of any growth …let alone an increased sense of prosperity.
As the discussion progressed, it focused upon an issue in which the debate’s concerns arrived at what actually makes for a return on investment …I.E; …the bang for the buck ..which is …of course …in essence …is an issue of the value of the dollar.
As it were, the discussion turned to regard the value of the various uses of public debt as an economic and a political tool.