It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
"Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911
"It's always reassuring to find you've made the right enemies." -- William J. Donovan
There understanding of something as simplistic as the bond market is one dimensional.
Hey it must be great braagging about the demand of US bonds when the FEDS buying up the vast majority of short term Treasuries.
Hey what happens when we've absolutely overextended ourselves and there is another reason to borrow other than buying votes ?