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Old 04-10-2020, 12:00 PM
retiredguy123 retiredguy123 is online now
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Quote:
Originally Posted by tophcfa View Post
I have a novel idea. Once the covid 19 thing is behind us and the economy normalizes, how about getting back to the good old days where the government runs a budget surplus during good times and uses the surplus to pay down debt.

It's called fiscal responsibility, and it involves cutting spending, not looking for ways to tax people. Defecit spending is acceptable during crisis times like we are now in, but is unsustainable when done year after year as has become the new norm.
I totally agree. But, I think we are part of a very lonely group. It looks like the national debt will soon exceed $30 trillion dollars, which is about $94,000 for every person in the country.