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.
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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.
Jennifer Beckstrand
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@ Mountainman
"GOP not talking about the economy? The economy is about ALL they talk about."
You're right. Absolutely right. The GOP has never ever ever talked about:
Obama's religion
More..
Focusing on the debt while ignoring the economy is like grabbing a hose to water your lawn as your house burns down.
We need to fix our economy FIRST before focusing on the debt.
We've tried "fixing" debt during More..
I agree that the debt is a huge concern.
However, I am puzzled as to why so many put all of the blame on Obama.
Do you realize that Obama cant spend a dime without congress approval?
Or that any taxing changes must go More..