I read a fantastic article yesterday in the Wall Street Journal about Chile’s ability to fund a stimulus plan from cash reserves, because they were extremely wise about saving money when times were good. This is the example we should follow in our country as well as in our personal lives.
A Resource for Latter-day Saints Committed to Getting Out of Debt
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Matt,
Did you know that Chile’s splendid economy and wise policies can be traced back to University of Chicago MBA grads who returned to their country, became involved in government and turned a typical South American third world mess into a thriving, free economy. Modern-day empirical evidence that our Founding Fathers were right and that the principles upon which they based the Constitution are timeless. If we could only convince America’s current leaders!