Governments should not be allowed to borrow money

Well seeing as my opponent has no evidence supporting his claims, i will carefully deconstruct his arguments. 1. Government deficit spending leads to reduced taxation and increased government services?That argument is illogical since niether political party supports your theoretical level of spending. Democrats advocate for increased taxation of the rich in exchange for more government services like obamacare. Republicans advocate for decreased taxation for everyone by cutting government services like medicare for elderly and also food stamps. you do realize that inflation is when the valuation of money itself decreases right? 2.Government borrowing wastes investment funds? Dude, take an economics class. The government borrows money by distributing treasury bills and bonds and in return, after a set period of time, they pay an interest fee in exchange for someone loaning money to them. Governmebs don't steal investements. http://en.wikipedia.org... These actually create investment oppurtunity for big investment firms. The government doesn't directly take from investements, that's illogical and false. Instead they levy a capital gains tax. ""there is consequently no rational way of determining whether the investment was worth the cost or not."" Actually, there's this thing called the legislative branch (congress) that decides which roads can be built or not and they are divided into subcommitees, which do a bunch of research and cost benefit analysis so yea, there actually is some rational thinking involved. http://en.wikipedia.org... 3. Government borrowing is undemocratic? According to what democratic theory? We can't pay for the debts of our forefathers who gave us this wonderful country and all the infrastructure, oppurtunity, and other services? I'm prettyy sure that the previous generation of voters made much of this infrastructure possible by borrowing for the future benefit. 4. Interest payments are a big waste? http://en.wikipedia.org... yep 6% a biiiiiig percentage. Ok, your missing one key thought. What about i dunno, let's say we go to war, what do we do then? How do we start producing tanks and helicopters if were not allowed to borrow money? Almost every major conflict required the US government to borrow some level of money in the form of war bonds so they can finance their military operations that will pay off later. Are you saying that the US federal government shouldn't try and protect itself the best it can during war? Or do we raise money by imposing ridiculously high tax rates to pay for the war that might ruin peoples lives back home instead of responsibly borrowing money and paying it back steadily over the long term then robbing all the coffers of the present generation? America needs to survive, whether on the backs of our children or on the backs of us, we must protect and ensure that this wonderful country doesn't fall to extremist terrorist or communists who want to ruin America and what it stands for. Freedom. Government deficits are good sometimes, especially when there needed during recessions to spur growth. Look at us, America's head out the recession and we're doing great! thanks to obama and his stimulus package.