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Politicians spend other people’s money, whether it’s money that mainly belongs to those outside their states or districts; or, on entitlement programs for the elderly, money that mainly belongs to one generation to pay for another; or, when running up the soaring federal debt, money that will mainly come from future taxpayers.
CBOE Warns on the Debt - Barrons.com

Source: online.barrons.com

  • 10 months ago
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