Life in a Banana Republic
5th November 2008
Arnold Kling looks ahead to The Obama Years.
My point is that sooner or later the U.S. government is going to have to get serious about stripping the assets of those of us who have tried to live within our means. Sooner or later, the profligate are going to take from the prudent, the grasshopper is going to confiscate the property of the ants.
A word to the wise….