Let me understand, Intel is smart enough to realize that with interest rates this low, it pays for them to float debt and use the proceeds to repurchase their stock. In other words, issue debt at an average of say 3% interest and buyback stock which will net 4+% in gains. A no-brainer for the corporate world.

Then why is it in a near-zero interest rate environment (real rates are actually negative) for the nation that we're not likewise taking advantage of cheap (free?) borrowing rates to increase debt in order to stimulate the economy, increase employment and frankly invest in our country literally via infrastructure projects? Studies show we need to invest trillions of dollars in bridge repair, etc., and these projects only get more expensive with delay. Best to take them on now while borrowing is very cheap, and it would serve to meaningfully boost employment.

It all just makes too much sense -- what's the catch? Oh right, Republicans don't want Democrats to do well next year. Party first, f*ck the country.