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U.S. To Discontinue Long-Term, Low-Yield Investment In Nation's Youth

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Paragon Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-03 07:22 PM
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U.S. To Discontinue Long-Term, Low-Yield Investment In Nation's Youth
WASHINGTON, DC—In an effort to streamline federal financial holdings and spur growth, Treasury Secretary John Snow announced Monday that the federal government will discontinue its long-term, low-yield investment in the nation's youth.

"For generations, we've viewed spending on our nation's young people as an investment in the future," Snow said. "Unfortunately, investments of this type take a minimum of 18 years to mature, and even then, there's no guarantee of a profit. It's just not good business."

Snow compared funneling money into public schools, youth programs, and child health-care clinics to letting the nation's money languish in a low-interest savings account.

"This is taxpayer money we're talking about," Snow said. "We can't keep pouring it into slow-growth ventures, speculating on a minuscule payout some time in the future."

http://www.theonion.com/3937/top_story.html

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The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-03 07:24 PM
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1. LOL!
Actually, it's kind of sad, really. :think:
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Cappurr Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-03 07:59 PM
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2. I swear I thought it was real
until I saw it was "The Onion".
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RC Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-03 08:48 PM
Response to Reply #2
3. Even so, that's how some of those idiots think.
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baldguy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-03 09:16 PM
Response to Reply #2
4. Unfortunatly . . .
The Onion is often more accurate than the "mainstream" news.
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