National Slush Fund is more like it.
The Americans pulled this trick. They'll raid the coffers and leave an IOU behind. When the time comes in future to pay contributors the government will have to become indebted to pay out (meaning it will have to increase taxes!) and it will conveniently calculate its own low CPI to gyp inflation adjustment.
The Americans pulled this trick. They'll raid the coffers and leave an IOU behind. When the time comes in future to pay contributors the government will have to become indebted to pay out (meaning it will have to increase taxes!) and it will conveniently calculate its own low CPI to gyp inflation adjustment.
