Deroy Murdock: The federal debt burdens you, not just your kids
"How dare we pass along our bills to our children and grandchildren …yadda, yadda, yadda…ZZZZZZZZZZZZZZZZzzzzzzzzzzzzzzzzzz…………"
Even worse, arguing that the national debt will menace "the children" drains this issue of any sense of urgency. Don't curb spending now, liberals believe, although they rarely state the following: Let the little ones grow up and cut government.
• Small or non-corporate businesses saw their borrowing crawl on its belly from $4.1 trillion to $4.2 trillion — an increase of just 2.2 percent.
• Meanwhile, publicly traded debt to local, state, and federal government soared from $9.2 trillion to $15.3 trillion — an increase of 65.9 percent.
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