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Debt on the Highway – with Increasing Speed
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1 Articles
The socially oriented budget for the coming year signals that funds are being allocated to meet current needs, rather than to grow the economy of the future. It seems that, while trying to stretch the “sheet” of money in all directions, the least thought is given to how to earn it. State finances will increasingly rely on debt, and the generosity of those in power, by increasing various benefits, will increase both the state debt and interest.
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