Comments about ‘My View: A plea for fiscal preparedness’

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Published: Wednesday, Feb. 13 2013 12:05 a.m. MST

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Chris B
Salt Lake City, UT

We should look to barack to answers to our financial problems

He has concluded the best way to fix our economic problems is to keep spending more money than we bring in as a country.

Seems like a logical plan.

Chris B
Salt Lake City, UT

All states received federal funds, and federal funds come from citizens in all states.

It should come as no surprise that a republican controlled government in Utah is often considered the most financially well run state in the country.

cjb
Bountiful, UT

re Chris B
Salt Lake City, UT
We should look to barack to answers to our financial problems

He has concluded the best way to fix our economic problems is to keep spending more money than we bring in as a country.

----

You say this in jest, but actually President Obama is right. During bad times, if you haven't bothered to save up an emergency fund, it is okay and good to spend more than you take in and go into debt. Our nation has just gone through the greatest recession since the great depression and because of government spending, suffering was greatly diminished.

During the good times, you should then pay off the debt.

Better yet, a person, a family, a state and a country should pay off debt AND have an emergency fund, so that when bad times hit then can spend more than they take in without going into debt.

JoeBlow
Far East USA, SC

"It should come as no surprise that a republican controlled government in Utah is often considered the most financially well run state in the country."

If being a "republican controlled government" would always lead to a "financially well run.."

then I think that things might have been different when the GOP controlled the House, Senate and Presidency for years under GW Bush.

ljeppson
Salt Lake City, UT

Well some fine Utah conservative boilerplate this. The best thing the country could do to restore fiscal sanitiy would be to tax the wealthy at rates approximating the 1940's and 1950's - top marginal rate at 91%. The country thrived, including the wealthy. Compare this rate to the paltry rate the wealthy pay today (no doubt including these folks).

Ernest T. Bass
Bountiful, UT

Why do conservatives only call for fiscal responsibility when a dem is in the White House? From Reagan through Bush, repubs have increased the deficit far more than dems but repubs never complain.
I never saw editorials or heard Faux News complain when Bush ran the deficit to record levels and ruined the economy.

wrz
Ogden, UT

"We call on individuals and business and civic leaders to join us..."

Who you should be calling on is Obama and the democrat controlled senate. They are the culprits.

"According to the most recent report of the Government Accountability Office and the Comptroller General of the United States, 'The comprehensive long-term fiscal projections show that — absent policy changes — the federal government continues to face an unsustainable fiscal path.'"

It's too late. We are in a fiscal tailspin as we speak and will never recover. We've borrowed most of the available money in the world. If the government stopped borrowing and spending our economy would suddenly collapse. It's just a matter of time and this will happen because there will be no one to borrow from... and we can't continue to print money without going into devastating inflation.

george of the jungle
goshen, UT

Let that be a lessen to you small bear, You know do as I say not as I do.

Irony Guy
Bountiful, Utah

Sound and fury. Mr. Neiderhauser and his accountant friends in the legislature have just noticed they've been slurping at the Federal trough they hate so much?

Clydesdale
Tooele, UT

"From Reagan through Bush, repubs have increased the deficit far more than dems but repubs never complain." Then you had your head in the sand during the Bush years when lots of Republicans blasted him, including and especially his own comptroller general who resigned to start warning Americans about the debt, under BUSH!

Clydesdale
Tooele, UT

The second the federal gov't is unable to borrow more money because their creditors (ie China, Japan, etc) demand more interest on their investment, , "party in the USA" is over. Coming soon to a country near you.

josephscott
Sandy, UT

"Together, we issue a plea for fiscal responsibility in an era of federal irresponsibility."

This "era of federal irresponsibility" has been going on for more than 50 years. The last time the total federal debt went down instead of up was 1957, under President Dwight D. Eisenhower. So if you want to play the blame game you'll have plenty of people to target.

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