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News-Sentinel.com Your Town. Your Voice.
Opening Arguments

No escaping the debt bomb

In case you've forgotten what this whole government "shutdown" and impeding debt-ceiling fight are all about:

The amount of debt we incurred over the past two years was double the amount of wealth we added to our GDP; or, the rate at which our debt is growing is two times the rate at which our economy is growing — and Democrats’ only proffered solutions to this entirely unsustainable scenario are 1) increasing government spending and 2) raising taxes.

The debt is almost at $17 trillion, never mind the unfunded liabilities, and there is no sign whatsoever anybody in Washington is really prepared to address the issue. Debt will crush us -- hell, it's already starting to.