Letter: Facts About Our National Debt

The prevailing argument by conservatives that it is the policies of the current administration that are responsible for an unsustainable debt is not only ludicrous, but not factual. Blame for the debt cannot be laid at the door of liberals, and all that is really being argued is how money is spent. The unsettling fact is that this administration is more fiscally conservative than the previous Republican administration.

War is not cheap, even when financed with deficit spending, nor is the support of unfriendly and unpopular governments in the Middle East.

The lies that took this nation into a war that has lasted longer than any war in U.S. history, cost this great nation billions and trillions of dollars, largely due to the reckless and feckless conduct of a “conservative” Republican president and congress. Yes, it’s true that while some Democrats also signed on to this 13-year war built on lies, in all fairness, the current president did not.

It is ludicrous to suggest that the National Parks budget impacted our debt and not compare it to the impact of 13 years of war. The so-called “conservative party” would have you believe that the debt being passed on to our kids was created solely by the “liberal party,” but for reasons already discussed, such logic is deeply flawed.

In conclusion, let me point out that liberals, for all their faults, gave us Social Security and Medicare. For those of us who feel that these liberal programs, once described by conservatives as socialistic, protest this step toward socialism and find the courage of their convictions by sending back their monthly checks and allow the rest of us to enjoy the most successful government insurance program in history.

Richard Nielsen, Royal Palm Beach

4 COMMENTS

  1. It is a Fact that the Obama administration has increased the burden of debt on every man woman and child. Increased regulations have reduced every man woman and child to a future of no hope. Time for real change!

  2. the CBO has declared that the size and growth of the federal debt, most of which is owing to unfunded entitlement liabilities—especially Medicare and Social Security—is a threat to the future viability of the nation. “The large amount of federal borrowing would draw money away from private investment in productive capital in the long term, because the portion of people’s savings used to buy government securities would not be available to finance private investment. The result would be a smaller stock of capital and lower output and income than would otherwise be the case, all else being equal . . . ; [f]ederal spending on interest payments would rise, thus requiring higher taxes, lower spending for benefits and services, or both to achieve any chosen targets for budget deficits and debt; [t]he large amount of debt would restrict policymakers’ ability to use tax and spending policies to respond to unexpected challenges, such as economic downturns or financial crises.” plunder and deceit by mark levin

  3. THE LARGEST SINGLE COMPONENT of the federal budget, and perhaps the greatest and most financially devastating burden imposed on younger people and future generations, is the Social Security program.

    THE LARGEST SINGLE COMPONENT of the federal budget, and perhaps the greatest and most financially devastating burden imposed on younger people and future generations, is the Social Security program.

    Social Security and the federal government’s health-care programs—Medicare, Medicaid, Children’s Health Insurance Program, and subsidies related to Obamacare—will double in relative costs over the next several decades.
    plunder and deceit by mark levin

  4. The nation’s fiscal operating debt was already $10.6 trillion on the day President Barack Obama took office in January 2009. By the end of January 2012, however, the fiscal operating debt had increased 44.5 percent to $15.4 trillion. As of April 12, 2015, the fiscal operating debt was $18.152 trillion—a 71 percent increase in less than six and one half years. 4 Each man, woman, and child in this country’s share of the national debt has grown from $33,220 at the beginning of the Obama presidency to more than $56,900 today.
    mark Levin plunder and deceit

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