Lament of the Losing Class
We forget the burdens of the middle class because they look like they’re doing alright. But many are living one missed payment away from utter ruin, desperate to save their kids from the same.
We forget the burdens of the middle class because they look like they’re doing alright. But many are living one missed payment away from utter ruin, desperate to save their kids from the same.
Admit that taxes don’t “pay for” anything and that all government spending is paid for in one way and one way only—the Federal Reserve credits the appropriate bank accounts.
I promise to stop when the battle is won. Until then, here’s another attempt to improve understanding and shift our broken thinking about government “deficits.”