A Major Feature of Deficit Spending…
Posted by MIchael Campbell
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….is that it allows both taxpayers and government to avoid responsibility for wasteful spending. Imagine how different it would be if you got a personal bill for your share of the 900% overspent on re-fitting submarines. There is one place where citizens are getting billed though, and it is not pretty!
….also from Michael: The Latest Version of “There is No Free Lunch”