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A Rip-Off on a Grand Scale: Massive National Debt
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10 views • October 09, 2018
In Thomas Jefferson’s view, running up huge debts in the name of “funding” was a massive rip-off of future generations. He wrote:
"The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."
"The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."
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