Saturday, September 12, 2009

Your Children and Your Grand Children Will be Paying for This

You know that I’ve been told many times over that the United States can’t afford to spend money to create jobs, to protect the environment, to fix the infrastructure.


Let me try to understand this logic. My daughter can’t get a job, therefore she will not have to pay for the government borrowing money. Sounds reasonable, except I wonder who’s going to pay for college education. Well at least she wouldn’t pay for the budget deficit.



I was wondering what ever happen to the idea that I learned in High School economics that in the olden days of this country the farmers would borrow on the hope of inflation, in other words borrow low and hope for big profits.

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