Age Old Debates – Chapter 2: The Deficit
Posted in Age Old Debates on May 23rd, 2011 by Craig Zuckerman
US Representative Jim Jordan, Republican from Ohio says, “Spend what you take in. That’s what every family has to do.” (Yes, that quote is correct.) But wait, how many families in this country have a mortgage on their home? (Don’t forget, part of the mortgage you pay actually to REDUCES the principle, a concept unheard of in Washington). How many have a loan on their car? Let’s not forget those magic pieces of plastic in your wallet. And don’t many families contribute to their retirement plans?
That’s the problem with Washington these days (OK, years, decades…). They just don’t get it. What we should be doing Read more »
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