05 January 2013

Quotation of the Day

The question everyone's asking is this: On whose backs should we balance the federal budget? One side wants higher taxes; the other wants spending cuts. And while that debate rages, the right question is being ignored: Why are we worried about balancing the federal budget at all?
Stephanie Kelton (“Forget the ‘Fiscal Cliff’”)

1 comment:

daveawayfromhome said...

Seems to me the people who ought to be paying most heavily to pay down the debt should be those who most benefited from its creation.

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