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Posts for: DON SOUTH
Feb 23, 2013 10:24:44   #
I am DONSOUTH. This is my first post. I am very concerned about the 16T+ public debt & have been since being a young boy in the 1940's & 1950's when the debt was still manageable. I believe it is not good policy to engage in deficit spending as a matter of policy year-after-year. This does not mean that the federal government never needs to borrow. Time of war or other national calamities are times to run deficits, which should be paid back in times of prosperity & national calm. By policy makers habitually, cavalierly and immorally running yearly deficits by habit, the situation has likely passed the point-of-no-return. I'd like to hear other's ideas on this matter.
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