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Simplified. I love analogies.
video 00:03:09
http://www.youtube.com/watch?v=Li0no7O9zmE&feature=player_embedded
Tag Archives: deficit spending
Deficit Financing Explained
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video
00:00:59
http://www.youtube.com/watch?v=MqoGORXAv2o&feature=player_embedded
Why Do I Owe $46,000?
I received an email containing the following photo and question:
“The answer is that she must pay for her grandparent’s and great-grandparent’s addiction to government benefits. The children will pay for the fiscal slovenliness and dependency of the Greediest Generation. There is no free lunch. Sooner or later someone is going to pay. Debt is the children’s legacy.”
I agree in part and disagree in part.
