Back from the future

Kinsley, Michael
March 1994
New Republic;3/21/94, Vol. 210 Issue 12, p6
Refutes the notion that the federal budget deficit and the Social Security system and other similar fiscal arrangements in the United States are burdening the next generation or borrowing from the future. Discussion on the falsity of the notion of borrowing from the future; Explanation on the economic principle against the notion; Choices available to U.S. society to support sound fiscal arrangements; Forecast on the living conditions of the Generation X.


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