|Letters to the Editor
To the Editor:
We are in Denial.
Our government debt will weaken and destroy our nation. No nation has ever survived increasing debt, politicians spending government money to buy votes and citizens actively pursuing support money from their government without exerting effort for that money.
Cicero warned the leaders of the Western Civilization back in 55 BC.
The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.
John Adams warned us in 1826.
“There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt”.
We are increasing our debt by $1.2 trillion each year with a total today of $16.6 trillion. To comprehend just the number of a trillion counted in seconds it would be 31,655 years. Of every dollar we borrow 46 cents goes to pay the interest on the debt. As that number grows how long will it be before we can’t afford it?
Our country has been digressing economically for years now. Whether we want to acknowledge it or not, if deficit spending continues this economy will collapse and we will have no one to blame but ourselves.
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