Those who claim that America has a debt problem, and that a debt problem cannot be cured with more debt, ignore (sometimes deliberately) that private debt and US Treasury debt have been very different animals – moving in different directions and behaving in different ways – since the start of the financial crisis.
还有人认为，财政刺激措施虽然刺激了当下的就业和生产，但推升美国国债的作用过强，因此其长期代价过于庞大。此观点稍显高明，却也不够严密。如果美国国债利率原本就很高，而且随债务的膨胀而迅速攀升，我会赞同这种观点。但事实上，美国国债利率极低，而且并未上升。美国财政部每次拍卖国债，市场都会以高价将其一扫而空，这一次又一次地批驳了认为美国负债过高的观点。