also? fuck the taxpayer meme whiners
By shag carpet bomb • Sep 30th, 2008 • Category: Dismal Science, Economics, Iraq warMany are concerned with the fiscal implications of this bill, so let me turn to that question. Despite the common use of language,
the capital cost of this bill does not involve “taxpayer dollars.”
It authorizes a financial transaction, exchanging good debt (U.S. Treasury bills and bonds) for bad debt (the “troubled assets”). Many of those […]
