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January 10, 2013
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Debt will bring us down

EDITOR:

Congress has not saved us from a financial cliff they have merely dodged a small pot hole. Their actions are tantamount to trying to drain the swamp with an eyedropper.

In our economy the government is allowing us to live way beyond our means by continually adding debt upon debt. We can live well and beyond our means only until the point is reached where we can no longer support that debt.

The lions share, some 86 percent, of the government's income is from taxes. They can only tax the American people 100 percent of their income. Reaching the …

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The Record Courier Updated Jan 10, 2013 05:43PM Published Jan 10, 2013 05:36PM Copyright 2013 The Record Courier. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.