The Big Think

January 21, 2013

Feed the Monster

Filed under: Politics — jasony @ 6:59 am

“Debt is the most insidious of civic plagues, far more so than even excessive taxing and extreme spending. That’s because debt is less obvious and more abstract. Spend a dollar, and you know it’s gone. Tax a dollar, and you’re aware it’s taken. Go in debt for a dollar, and it’s out of sight, out of mind… “The wicked borrows and does not pay back,” wrote the psalmist.”

link

To which I add: what can’t go on forever, won’t. Have you thought about what happens when the music stops?

No Comments »

No comments yet.

RSS feed for comments on this post.

Leave a comment

You must be logged in to post a comment.

Powered by WordPress