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| Teaching Since: | Apr 2017 |
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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
6.11 A political columnist wrote the following: Today … the main purpose [of government’s issuing bonds] is to let craven politicians launch projects they know the public, at the moment, would rather not fully finance. The tab for these projects will not come due, probably, until after the politicians have long since departed
for greener (excuse the expression) pastures. Do you agree with this commentator’s explanation for why
some government spending is financed through tax receipts and other government spending is financed through borrowing, by issuing bonds? Briefly explain.
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