Column: Buying our favor with our own debt
Congratulations! You and I have just taken part in setting a record.
For the five months that ended Feb. 29, the U.S. government set a record for spending more money than it took in.
If you are keeping track, we spent more than we took in by $263-billion. The way things are going, our total deficit for this year will be something like $410-billion.
Way to go, USA!
Now, whose fault is this?
It's the president's fault, for starters. Like many modern Republicans, he thinks it is "conservative" to keep borrowing money, instead of spending less or raising taxes.
It's Congress' fault, too. Congress is run these days by Democrats. They like spending money, especially if the Republicans are doing it, too.
And, of course, mostly it's your fault and my fault.... [Link to entire column]




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