Government debt is strangling the US economy? We’re worried about public debt but what about private debt? They say that we need to run the government like we run our businesses and households. That’s exactly what we’ve been doing, borrowing to get what we want. We need to change the way we run everything and avoiding debt is one major way to do that.

Government debt is strangling the US economy? We’re worried about public debt but what about private debt?

They say that we need to run the government like we run our businesses and households. That’s exactly what we’ve been doing, borrowing to get what we want. We need to change the way we run everything and avoiding debt is one major way to do that.

Posted 7 months ago
2 notes
  1. vigneshram said: that seems more like a diagnosis of the problem. at this point we’ve already mortgaged a lot. we have to pay for it, while paying for things going future. either way, significant tax increases are in order.
  2. clemsonfamilyfarms posted this