Bonus Quotation of the Day…
by Don Boudreaux
on March 17, 2023
… is this Facebook post offered earlier today by Bob Higgs:
Modern governments have painted themselves into a corner, and the only solution they have come up with is to keep painting. Having raised their spending far in excess of their capacity to finance except by incurring debts they will never be able to repay, their only solution is to spend and borrow even more.
