we borrow from ourselves and from those "others " out there in ROW
letus forget the others
as they would forget us
but then what of US ?
overlapping cohorts of US are legion
some of US will hold uncle debt and receive payments
and
some of US will hold uncle debt receive payments and pay taxes
while
the rest of US will simply pay taxes
and in the end ?
the yet unborn of US
will participate too
in the tax and transfer scheme
our future US taxed
to service our collective debt pile
but
for the benefit of some others of future US
and yes for some of the others out there in ROW
debt incurred today ?