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A Rip-Off on a Grand Scale: Massive National Debt

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First published at 16:12 UTC on October 9th, 2018.

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In Thomas Jefferson’s view, running up huge debts in the name of “funding” was a massive rip-off of future generations. He wrote:

"The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on…

In Thomas Jefferson’s view, running up huge debts in the name of “funding” was a massive rip-off of future generations. He wrote:

"The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."

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Category	News & Politics
Sensitivity	Normal - Content that is suitable for ages 16 and over

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