Sunday, July 10, 2011

John Boehner Backs Obama On Far-Reaching Debt Ceiling Plan


Let's talk Budget Surplus, not deficit reduction. Let's talk paying down debt, not "reducing the rate of increase!"

In what universe could some say, with a straight face, " We don't need to pay off our debt, it's government debt and not important, we owe it to ouselves. Let's reduce the rate that we're going into further debt, even though it means we're still increasing our debt."

One of the primary reasons America has succeeded has always been it's fiscal prudence, at least until the most recent generation­. No longer.

We're spending money like a drunk saailor on shore leave, and the world is noticing. The only way to restore fiscal sanity is a Surplus-no­t Balanced-B­udget.

Paying down the debt would restore major confidence in the world's largest economy(fo­r the time being at least) and free up money for the private sector to invest. Remember that even self-emplo­yment is still a job, and success in small business ALWAYS adds jobs.
Read the Article at HuffingtonPost

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