US Debt __ Who’s Holding the Bag?

Who is holding the bag? The future US taxpayers, right? As my friend, Brian, at the Frankenstein Government Blog , has often said : Debt is always paid. Either the borrower pays or the lender pays. So, will future generations of US taxpayers really pay-off our ever-increasing debt or will the lenders (the bond holders) write off their… [Read more…]