Monday, August 3, 2015

Milton Friedman quotes...........................


...............................The guy was pretty smart.  Do yourself a favor and read some of these.  Here is #5  of twenty:

 "Workers paying taxes today can derive no assurance from trust funds that they will receive benefits from when they retire. Any assurance derives solely from the willingness of future taxpayers to impose taxes on themselves to pay for benefits that present taxpayers are promising themselves. This one sided 'compact between the generations,’ foisted on generations that cannot give their consent, is a very different thing from a 'trust fund.' It is more like a chain letter."

Speaking of chain letters, it has been a long time since I've received one.















thanks craig

I see friend Kurt is on the case as well.

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