O-Land News Junkie Posted December 14, 2006 Share Posted December 14, 2006 The government is able to promise [entitlements] essentially by spending money it doesn't have. Writer and philosopher Ayn Rand describes it as a process in which "the government borrows money today, which is to be repaid with money it will borrow from you tomorrow, which is to be repaid with money it will borrow from you the day after tomorrow ... and so on."http://randex.org/index.php/weblog/the_dollar_dilemma/ Link to comment Share on other sites More sharing options...
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