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So what would you propose as an alternative? Let the debt continue to grow and grow and grow? Or use assets to reduce the interest bill that will be lumped onto future tax payers?

Q. What is the definition of 'endless love'? A. Stevie Wonder and Ray Charles playing tennis.

In an ideal world we'd have the govt balancing the budget each year, both projected and actuals. In reality, we should be aiming for a situation where we run in surplus during the good years, in deficit during the bad years, and balanced during the average years. By applying some smarts we...