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Re: Bad news

Posted by AlM on Sun Nov 17 14:09:27 2019, in response to Re: Bad news, posted by GP38/R42 Chris on Sun Nov 17 12:15:44 2019.

Um, no. The government has spent money on projects that benefit Americans that it hasn't yet asked us Americans to pay for yet.

So it has borrowed money (slightly from me, because I own some US bonds, but heavily from the Chinese and very wealthy investors) that it needs to pay back eventually, by raising taxes.

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