A while ago, GW asked me to sign on a pile of bills.
As I duly complied, I asked, “I am happy to pay, but listen. Your account has zero dollars. Mine has minus xx(*) dollars. Even my seven-year old daughter can tell I am poorer than you.”
“The university people say that you have earned money before and I haven’t. Therefore, they have more confidence in your ability to settle the sum.”
I began to understand the national debts.
* Omitted to protect the account holder.
28 Feb 2013
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