Debt-financed spending is a disastrous way to run an economy
endless fonts: founts? (Something other than Comic Sans, adds the Mrs.)
"Above and beyond all else, though, what we are finding is that debt-financed spending is a disastrous way to run an economy."
Y'think? Math is harrrrd.
Governments should administer justice, defend & police. Everything else, almost, fire, water, infrastructure, postal service, yes even parking spaces, can be dealt with in a different manner. But once you've got that gov't-services camel's nose in the tent... everyone is at the trough.
Excellent overview, Monty.
I never got my kids to Disneyland. Yet, years later, they live. :/