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Monday, January 18, 2010

They Say Our Debt is Ballooning

According to Economist Joseph P. Stiglitz, our national debt is ballooning. Didn't that already happen? Was I otherwise engaged while we ran a bunch of budget surpluses, and paid the debt down to sub-balloon level? I've had attention span issues before. There are enough statistic generators out there, so I'll not review the deficit numbers. I just have one question for our bosses (formerly our elected leaders): At what level will the deficit start to seriously worry you? I don't need to ask whether winning the next election is more precious than the future of the country; you've proven that to be so. Once again... I'm out of here.

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