If someone PAID YOU to borrow money...

... would you?

Inflation Bonds Are Sold With Negative Yield for First Time
By CHRISTINE HAUSER
Published: October 25, 2010
Inflation-protected securities sold at negative yields for the first time ever on Monday as traders anticipate that the Federal Reserve will start a new round of asset purchases.

Analysts said that asset purchases by the Fed would lead to a higher inflation rate and a positive return on the bonds.

The $10 billion auction of the five-year bonds sold at a negative yield of 0.550 percent, according to the Treasury Department.

What economist do you know that's worried about INFLATION???

So, right now, at the moment: The U.S. can BORROW MONEY for NEGATIVE YIELD! People are PAYING for the privilege of loaning the U.S. $$$ for five years!

... tell me again, why is the deficit an issue?
Why is "borrow and spend liberal" such a horrid epithet?

YES!!! - TODAY what we OUGHT to be doing is borrowing - injecting $$$ into the economy to stimulate DEMAND!!!
This is how you END RECESSIONS!!!!!