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Information Overloader
Join Date: Mar 2003
Location: NW Lower Michigan
Posts: 29,981
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Borrowing. That's what went wrong. The government swept aside fiscal responsibility for immediate gratification. The nation has indentured its own children's futures.
The nation admits to $16T in debt and is ignoring the other $40T* not on the books. We've been partying for 40 years!
*i.e., unfunded liabilities (SS, SSI, Medicaid, Medicare, public sector pensions)
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