Politicians were never supposed to have the kind of stranglehold on their offices they hold today. The American public is passively condoning this ineffective system by not demanding better. We need to be able to recall leaders who do not live up to their campaign promises. A lot of damage can be done in a two year term in the House of Representatives, and even more with four years in the White House or six years in the Senate.
Tag Archives: National Debt
Last Thursday President Obama called for a long-term investment in highway, port and other infrastructure programs during a visit to Wilmington, Delaware. Our infrastructure has been decaying for some time now. As we see bridges collapse and roads fail, we realize we must act now to rebuild and upgrade our infrastructure.
There are two great debts the American people have, yet there is only one the nation talks about. These twin debts are the national debt–money borrowed from the nation against itself compiled with money borrowed from other nations–and the trade deficit: money given to other nations for imported products and services that will, at some point, come back to buy out the United States.
There was a time when we protected our nation and had an economic plan. Because of this plan we became one of the strongest nations on the earth. Much has changed and if we do not work for our best interest we will lose what little is left of our economic strength. Our downfall has not been mere chance it has been a result of an economic war China has waged on the U.S.
The United States federal government has accumulated debt of more than $17 trillion, and that debt is expected to grow significantly in coming years. This burden is a serious drag on our economy. Borrowing more and more money would threaten the livelihoods of Americans, as well as our standing with the rest of the world.