The great irony of the fiscal cliff settlement is that US borrowing rates are as cheap as they have been throughout the History of the US.
Now would be the least expensive time in most of your lifetimes to:
A) Rebuild the US infrastructure of Airports, Mass Transit, Ports, Waterways;
B) Upgrade and Secure the US Electrical grid, including making it more secure from hackers;
C) Improve the security of nuclear plants, ports, and chemical manufacturing plants;
D) Upgrade Roads, Bridges, Tunnels;
E) Improve public outdoor lighting, including “smarter” lights and traffic sensors
At some point int he future, your kids are going to ask — “Wait, you could have upgraded _______ and it only would have cost you 2.5% in borrowing costs?!?”
Shorter term rate chart after the jump
Category: Fixed Income/Interest Rates
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.