Apr 25, 2016
Debt and Excessive Spending
Debt and Excessive Spending
As a general rule, I’m not overly concerned about debt, even when looking at government red ink. I don’t like deficit and debt, to be sure, but government borrowing should be seen as the symptom. The real problem is excessive government spending. This is one of the reasons I’m not a fan of a balanced budget amendment, Based on the experiences of American states and European countries, I fear…
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