Wednesday, April 16, 2008
Would You Close Your School to Pay for Iraq
This article, at its heart, deals with a concept that speaks against the Fed's current monetary policies and the Congress's current spending habits. That notion at the heart of the article is that wealth is not created simply by printing money. When you spend money on one thing, you are going to have to not spend money on something else. Of course the Federal budget would not likely be used to finance local school, but they are both financed by the same source - American Taxpayers. - Allan
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