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| Permalink View Article Stats Public Debt, by Al Schumann of Stop Me Before I Vote Again Quicklink submitted by GLloyd Rowsey (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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When I was a young lefty, the ideal form of public debt, sometimes called national debt, was explained to me as labor contributed, today, in excess of immediate compensation, with deferred compensation down the line. In other words, it's not a threatening obligation. It's an investment. That's a simplification, but it makes a lot more sense than deficit terrorists' death-dealing Debt Bomb of Doom scenarios and the lazy Micawberisms of the sensible liberals. {See the 'Popular Culture' heading under Wilkins Micawber at Wiki.} AND {Pictured is Obama, by Martin Schoeller.} |
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