Deficit spending is the best thing for the current economy and the future (see details)

----The Cost of Debt----- As I already posted in my first post interest rates on new government debt are currently negative this makes your argument completely invalid. -----The Cost of Printing Money----- First off you are incorrect, there are many things that effect the value of the dollar. For example since 2008 the FED has been printing lots of money and the governments has run deficits in the trillions of dollars yet the value of the dollar has not fallen. http://www.fxstreet.com... Second your math is completely irrelevant. You can't take random numbers and then plug them in to a random equation and say it results in the value of the dollar dropping by half. The government borrowing 5 trillion dollars over 2-4 years wouldn't cause a doubling of the amount of US dollars in the US; and that doubling wouldn't result in a 50% fall in the value of the dollar. Third many people say that a reason the US economy is bad is because we no longer produce goods; a decrease in the value of the dollar makes US exports cheaper and therefore increases the purchase of those goods and therefor increases the production of exports. This would increase GDP. ------How to fix the economy----------- I am going to copy and paste what you said, "When people are employed, they have money. When they have money, they spend it. That spending creates demand. Demand creates the opportunity for new jobs, and so the cycle continues." According to that sentence of yours you advocate for infrastructure spending because it creates jobs. -----Why We Shouldn't Borrow to Create Jobs----- So according to my opponent jobs that create roads, railroads, energy efficient buildings, power plants, water plants, repairs leaky pipes, and upgrades the energy grid are not worth it; this means according to my opponent roads, railroads, energy efficient buildings, power plants, water plants, repaired pipe, and a modern energy grid are not worth it. Do I even need to explain how my opponent is wrong? -----What We Should Do----- The government's deficit is currently above 1 trillion dollars even if we eliminated the whole military budget which I doubt most people think we should do we would still have to borrow in order to finance projects. Also that other discretionary spending includes spending for the type of projects you advocate. So basically you are saying we should eliminate spending that creates large benefits in order to pay for the spending we just eliminated. I am now going to summarize my reasons for borrowing lots of money to fund infrastructure projects none of which my opponent replied too. 1)We have to have infrastructure and will eventually have to pay for it. 2)Updating our infrastructure now means we save more money by increasing energy efficiency, decreasing congestion and modernizing buildings. 3)The spending will create more benefits then they cost and will save the economy more money than they cost over time. 4)Repaired bridges are less likely to collapse meaning Americans will be safer. 5)Building infrastructure now will cost less than later because now interest rates on government debt are negative, and there are lower wages and prices for goods now. 6)Infrastructure spending now would bring us back to full employment, providing jobs for everyone who needs one which has shown to make people healthier and happier. 7)Upgrading our energy infrastructure will result in less harmful pollution meaning less cancer, less heart attacks, less lung ailments and a lot less sickness.