Breck England seems to be in a state of denial when it comes to the looming federal debt crisis ("Federal debt," March 19). Those who choose to ignore our government's monstrous debt are happy to let President Obama fiddle while Rome burns.
Our national debt is not, as England suggests, equal to one year of our income. At nearly $17 trillion, the debt is eight times what the government brings in, and unlike a mortgage, there is no repayment schedule. In fact, the government is now spending 50 percent more than it collects in taxes every year.
Obama's latest budget goals will increase the national debt to $20 trillion in 10 years. Denying we have a spending problem is like an addict denying he has a drug problem.
- 16 of the most heart warming and feel-good...
- In our opinion: It's time to end the federal...
- Mike Lee: Tax reform shouldn't penalize...
- In our opinion: Disney outbreak sends a...
- In our opinion: Fairness for all in religious...
- Robert Bennett: Obama's State of the Union...
- Letter: Prison nonsense
- Letter: Could Draper shine, too?
- In our opinion: It's time to end the... 36
- In our opinion: Supreme Court rules... 35
- In our opinion: Disney outbreak sends a... 33
- Robert Bennett: Obama's State of the... 30
- Letter: Prison nonsense 28
- Ron Clegg: Primary seat belt law will... 21
- Letter: Pay for your share 21
- Letter: Peanut butter ban? 21