This is how I view it these days as well. I'm fine with running a deficit as long as we're solving real problems at a mix of time horizons. Using public funds to funnel more money to the ultra wealthy is the issue for me as a citizen.

> This is how I view it these days as well. I'm fine with running a deficit as long as we're solving real problems at a mix of time horizons.

There's nothing "these days" about the idea: that's how all debt should be looked at. How much in interest will it cost you, and are the benefits you get worth that cost?

Borrowing money at 2-4% to build water/sewers infrastructure so your population does not die, and thus allows for better economic growth, can pay for the borrowed money easily. Or roads, bridges, rail, schools, scientific research, etc.

If you're borrowing money because you have low revenues due to tax cuts (especially in top tax brackets), then perhaps your ROI won't be as good.

* https://en.wikipedia.org/wiki/Starve_the_beast

Well the problems are not being solved, they are being added