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Tuesday, June 03, 2014

Buying Education On The Installment Plan

As my daughter's school year is drawing mercifully to a close, I'm helping her review her Amerikkkan History in preparation for her final exam. In the chapter on the Depression, they blame it partially on easy consumer credit, where consumers were bamboozled by greedy businesses.

No mention is made in later chapters of modern government programs being funded in the same way. Well, it's the same way except for the fact that under the installment plan created by bloodsucking corporations, the debt was actually paid off over time instead of growing, growing, growing.

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