Will Politicians have no qualms about borrowing from the future

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Pursed lips and clucked tongues signaled disapproval among the wise and responsible when, at a recent televised event, Sen. Bernie Sanders, the "democratic socialist" from Vermont, did not plausibly explain how he would pay for "Medicare for all." The remarkable thing, however, is the quaint expectation that any political person should explain how he or she would align proposed expenditures and actual revenues. For decades, the implicit answer has always been the same: They won't even pretend to align them.

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