Timeline for What's the purpose for a country to maintain a large public debt?
Current License: CC BY-SA 3.0
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| Sep 15, 2015 at 1:53 | comment | added | Jim Maguire | If you say so. The question says "purpose for a country to maintain a large public debt" then links that with the modifier "reasons". This implies that large public debt is part of an intentional scheme. i.e. a roads bill has a "purpose" of creating roads, and building roads is the "reason" a bill to build a highway is created in a democracy. High debt isn't a result of intentional action, and therefore there is absolutely no REASON for a high debt, it is the result of on unintended consequence, and therefore has no PURPOSE. Better to ask the MECHANISM than creates the debt. | |
| Sep 9, 2015 at 14:10 | comment | added | Philipp♦ | Your answer appears to be very shallow. It could be improved a lot by explaining what these competing interests are and why the result is usually a deficit spending. | |
| Sep 9, 2015 at 5:49 | review | First posts | |||
| Sep 9, 2015 at 14:01 | |||||
| Sep 9, 2015 at 5:47 | history | answered | Jim Maguire | CC BY-SA 3.0 |