Letter to the editor: Deficit disaster
To the editor:
Mona Charen’s column on our nation’s deficit should capture every adult American’s attention because we are the ones who are allowing our elected officials to create a monstrous debt that now exceeds $22 trillion; that’s about $67,000 per capita (man, woman and child). No right-minded person would want to lay that burden on our children, grandchildren and great-grandchildren. There is a proverb that says “A borrower is a slave to the lender.” Who will our offspring be indebted to? Check out the National Debt Clock (www.usdebtclock.org) and you can learn more about other related aspects of our indebtedness. I remember as a student someone telling me, “The study of economics is common sense made difficult.” A simple solution for staying out of debt is to never buy more than you can afford. The more difficult solution for our nation is to quit spending in mutually agreed upon areas so that the debt can be reduced and eventually eliminated. It will take time but it can be done if we value our and our offsprings’ future more than our own political agendas. I don’t think anyone wants China, or other nations, to dictate our future.