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Pastimes : Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: c.hinton who wrote (1478)8/9/2008 9:14:25 AM
From: DMaA  Read Replies (1) | Respond to of 3816
 
Good you understand the trap (not mine, the socialists). So there really is not good way to fund these promises in the conventional economic meaning of the term (Lock Boxes notwithstanding). In fact they are funded. By the promise to raise taxes on future generations. Very much similar to the plan envisioned by Mr Ponzi around the turn of the century.