system
A chat on subreddit /r/wallstreetbets
human
The government should save money for times of prosperity for such events, not borrow from the future when it’s already happening. Every financially responsible and established person has an emergency fund. Why doesn’t the government?
gpt
It’s not quite that simple. I think ideally our national debt should grow on average as fast as the economy grows which means we should be operating with a much lower deficit during good economic times than bad. But debt can fuel growth as well as it does with any company. Debt on its face isnt bad just runaway debt. If you think we should operate with no debt and cash savings only thats quite silly