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: post by the_reverend at 2011-07-28 16:07:41
the problem is that the country (and states) live like the best of times is the norm. What we need to do is plan to like in the middle ground and then in boom times, save (ie: no tax rebates on surpluses. invest or save that $$$) and spend in bust times. Unfortunately, when there is extra cash around politicians want to political favors and make tax credits/rebates/etc... to get them and then there goes our surpluses. and there goes any safety net.
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