This County Discovered It’s Possible to Operate Debt-Free… and Its Citizens Are Reaping the Benefits0
- Economics
- November 8, 2018
The other day, I wrote about the disadvantages of state and local governments issuing general obligation debt. Those governments currently have more than $3 trillion in overall debt outstanding. Government borrowing enriches financial firms, encourages corruption, and magnifies the ultimate tax burden that citizens will bear for the related spending. It is prudent and practical for states
READ MORE










