Mises Daily
Author:
Loyd S. Pettegrew
Carol A. Vance
Online Publish Date:
One of Wolfman Jack’s favorite tongue-in-cheek commercials, delivered in his raspy voice, went like this: “You say ya kids ain’t got no clothes, ya ain’t got no food in the frigerator — THEN BUY YOURSELF A COLOR TV BABY!” Harry E. Teasley Jr. This facetious admonition, spending way beyond ones means, is exactly how government at the federal,