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Spending money now to prevent climate damage that won't appear for decades is a tax on present generations; declining to spend now is a tax on the future.
Spend now to save later.
These factors alone would justify a policy of spend now, pay later.
And we need consumers to spend now to stimulate the economy.
It would encourage people to spend now rather than sit on their cash.
The responsible thing, then, is to spend now, while planning to save later.
"A worsening of long run public finances gives the Treasury extra money to spend now.
The money we spend now on research and development will determine our health in the future".
His theory was that he could spend now and save later.
This means they have an extra $1 to save for the future or spend now.
Thirty years ago, they typically spent less of their G.D.P. than they spend now.
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CEO of Professional Science Editing for Scientists @ prosciediting.com