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Short Term Government Policies Imperil America
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Short Term Government Policies Imperil America

Democracy and Power 104: Future Debt BurdenA government debt is a government claim against personal income and private property – an unpaid tax bill. – Hans F. SennholzExcessive spending and inflicting debilitating debt is integral to all modern democracies. Why?  Elected politicians institute programs for current voters and shift the debt to future workers, even the unborn.  Social Security, Medicare, prescription drug benefits for seniors are prime examples in America.

10/06/2012