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U.S. needs to fix debt problem

Posted: October 30, 2013 - 2:04pm

I’d like to respond to Rev. Richard Olson’s letter to the editor. I don’t know you, but I feel you are “right on” with your comments about the Dems and the GOP being the wings of the same bird, and are gradually selling the United States to foreign countries by raising the debt ceiling. We are in debt $16 trillion, money we have borrowed, and most of it from Japan and China.

We are the richest nation in the world and we’re borrowing money to sustain our way of life. As Rev. Olson said, we have an illusion of prosperity and we need to fix our dilemma before it comes crashing down around us. Our children and grandchildren need a future, not a huge debt that they didn’t create.

I think we should institute term limits so that when we vote new people in they can function and come up with their own ideas without having to go along with the established career politicians. We need to start somewhere and that’s where I’d like to start. Talk is good, whether we agree with one another or not.

Kathy Johnson

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foxriverfred
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foxriverfred 11/01/13 - 03:58 pm
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Data are a thing

Long term debt is an issue, not to be resolved solely by cuts to the social safety net while putting more $$ into corporate welfare and the bloated "defense" budget.
Although:
"Some Say Cutting Food Stamps Hurts Children. So What? Children In China Work Jobs & their Economy Is Growing"~Michelle Bachmann...who recently voted herself more farm subsidies. Such a dear she is......we'll miss her.

Term limits can only work if the revolving door (both directions) is closed and if campaign finance is dealt with. At this point, term limits with unlimited $ from corporations and the Sheldon Adelsons and Kochs of the world will only give us their chosen "politicians" who will proceed to mold the laws, regulations and government to be even more beneficial to their masters.

As far as data goes, not sure how 15% of our debt = "most of", but I guess your math is different than mine.

natural born anthropologist
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natural born anthropologist 11/02/13 - 09:46 am
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Right on

Right on Foxriverfred...

Natural Born Anthropologist

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