Government sells out the futureReader comment on: Catholicism and the Budget Battle Submitted by Tom Sullivan (United States), Jul 13, 2011 21:23 The Pope and Paul Ryan are stating the obvious - Selling out the future is evil. It is insane for such a rich nation to borrow from the future in such massive amounts. The national debt per actual taxpayer is over $200,000 (half of workers pay zero income tax). Governments (federal, state and local) spend $6 trillion per year, and government regulations cost another $3 trillion per year; that 61% of GDP for government. Our federal government has proven it is terribly irresponsible. Many states are too. We must have a Constitutional amend to prohibit borrowing and to require repayment so we can get out of this mess eventually. Note: Comments are moderated by the editor and are subject to editing. Comment on this item |
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