Who Really Pays for the Bailout?
There is a lot of self-righteous anger about how us taxpayers are going to have to pay to bail out the financial system. But until we actually allow our tax rates to rise, we aren't really paying for the bailout. Instead, we will simply pass the buck on to those not yet able to lobby effectively, that is, our children.
Our self-pity over our stock and real estate losses might be justified, but until we allow our taxes to go up, we have no right to be angry over the cost of the bailout. Only our kids do.