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Methotrexate For Sale, The United States has promised future payments that exceed its economic capacity. This situation will end in tears, Methotrexate without prescription. Cheap Methotrexate no rx, Whose, exactly, Methotrexate price, coupon, Order Methotrexate no prescription, we do not yet know.

It will be real people shedding real tears when the government weasels out of paying everything it promised, is Methotrexate addictive. Where to buy Methotrexate, The blow will fall upon one or more of the following cohorts:


  1. investors paying taxes on income and capital gains,

  2. workers paying taxes on paychecks and spending, Methotrexate from canadian pharmacy, After Methotrexate,

  3. creditors who lend money to the government,

  4. active and retired government employees, Methotrexate from mexico, Is Methotrexate safe,

  5. people relying on government programs.


I imagine an economist from Mars observing this spectacle through her telescope. She has no stake in the outcome and chooses no side, Methotrexate For Sale. Like her, Methotrexate wiki, Where can i buy cheapest Methotrexate online, we notice that the first two and last two groups have noisy advocates in Congress. Expect to hear much from them, australia, uk, us, usa. Methotrexate interactions, The group in the middle has no representation and would appear vulnerable. Theirs is an interesting situation, about Methotrexate, Methotrexate samples, however, because they take their decision to lend---or not---outside the political system, Methotrexate mg. Methotrexate For Sale, The U.S. No prescription Methotrexate online, Treasury has never been a day late or a dollar short on its interest and principal payments to its bondholders. There is a first time for everything of course, buy Methotrexate from mexico. What is Methotrexate, But being late or coming up short are just two of the three ways a government can default on its debt. The third way is by inflation, where can i buy Methotrexate online, Methotrexate recreational, what the economists Carmen Reinhardt and Kenneth Rogoff call a "soft default." Reinhardt and Rogoff published worldwide data showing that inflation has been the most frequent means of government default since the 1950's. Even the U.S has tried it, Methotrexate For Sale.

Readers should understand that governments borrow when they lack the conviction to set taxes high enough to pay for their spending, Methotrexate canada, mexico, india. Buy Methotrexate without prescription, Borrowing is a broad concept: a promise to pay a future amount in return for a present benefit. In this sense, cheap Methotrexate no rx, Methotrexate no rx, government employee pensions or lifetime health and income benefits for senior citizens represent borrowing. Politicians borrow political capital by promising higher benefits later on, Methotrexate street price, Buy no prescription Methotrexate online, then leave it to their successors to actually pay the bill. Methotrexate For Sale, When people learn to rely on those benefits, then scaling back those promises is a kind of default because the benefits come up short of expectations. At some fundamental level, fast shipping Methotrexate, Methotrexate blogs, I think everybody understands that the political debates from now to November 2012 will be all about how to default on benefits programs. Look at Medicare, buy Methotrexate from canada, Online buy Methotrexate without a prescription, for example.

Both the President and the Republican caucus in the House of Representatives have put Medicare benefits reductions on the table this year, Methotrexate cost. Methotrexate for sale, Mr. Obama's plan absolutely does default on Medicare-as-people-thought-they-knew-it, Methotrexate For Sale. It does this through a bewildering bureaucratic superstructure that will wind up making dreadful choices effectively limiting what treatments people can get, buy Methotrexate no prescription. There will be wailing and gnashing of teeth when people compare the care they get to what they remember Grandma getting.

The Republican insurance voucher plan is a bit more candid about limiting future health care spending; its default comes when health care costs rise faster than government payments, leaving people to make their own dreadful choices. Either way, the government is probably going to give a lot of people less health care than they think they were promised. Methotrexate For Sale, The cutback seems inevitable because benefits programs are where most of the debt is. Their total greatly exceeds the amount of official debt in the form of government bonds. As politicians consider how to dial back those promised payments in a politically palatable way, they might recall what Benjamin Franklin said about taxation. He called it "the art of so plucking the goose as to obtain a maximum of feathers with a minimum of hissing."

The government is unlikely to collect all the money it needs from new taxes. Nevertheless, our Martian observer sees that there are many sincere advocates for raising taxes to pay for everything. She studies how that has worked in the past, and finds that the historical record does not consistently support the idea. If higher tax rates result in no increase or actual decrease in realized tax collections, as has happened before, then the U.S. must and will find a way to renege on some of its payments promises to its employees, program beneficiaries, or creditors. Get ready for hissing, in five part harmony.

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