Friday, May 11, 2012

Fiscal Child Abuse

Great article and research on our 50-year redistribution of national wealth - - from a country dedicated to the goal of investing in the future to one of paying for the past.  We either want to invest in our children and their future, with a focus on education and infrastructure improvements, or we want to make sure the past is comfortable on the cruise to St. Thomas.  We seem to have a 50-year history of making the same bad decisions over and over.

http://www.voxeu.org/index.php?q=node/7947

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