Excellent read! Explains the entire Circus of Debt vs. Savings vs. Tax Increase not just to this 19 year old....but to us all!
A junior in college majoring in finance asked me the other day what I thought of the negotiations coming out of Washington, D.C. I'll call him Arthur.
Not much. The premise is raise taxes now, and a future Congress will make cuts later. Trust us. Trust us. Yeah, sure. How can any Congress promise to tie the hands of a future Congress?"
Tuesday, July 26, 2011
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