Ch. 16 “Social Problems” by Henry George (1883) STILL APPLIES TO PUBLIC DEBT!

PUBLIC DEBT AND INDIRECT TAXATION

Governments of the world, please note these wise words concerning why we refuse to be shackled to “public debt”.

We are, however, happy to pay our fair share of all proper government expenses. This will be found to be based upon the value of the land and resources we use or take, not upon what we earn or make.

THe US needs no further “public debt”, Barak Obama!