Archive for March 29th, 2013

How Government Punishes Savings


Friday March 29th, 2013   •   Posted by K. Lloyd Billingsley at 4:11pm PST   •   3 Comments

The budget recently passed by Senate Democrats approves spending of $3.7 trillion over the next year alone, and this is not a new trend. Economist Burton Abrams notes that since 2000, the U.S. federal government has overspent in excess of $10 trillion. Deficits of $16 trillion confirm that government has a hard time saving....
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