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November 28, 2004

Quote of the Day

"Future generations and even people in 10 years are going to face massive public deficits and huge government debt. Then we have a choice. We can be like a very poor country with problems of threatening bankruptcy. Or we are going to have to cut back seriously on Medicare and Social Security."
Nobel Prize winner and professor of economics George A. Akerlof in Der Spiegel,
July 29, 2003

Posted at 3:56 AM


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