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Opinion

Fed debt addicts careening toward fiscal disaster

Government spending adds about $1 trillion a year as career politicians spend, tax, depreciate currency with reckless policies

OPINION — The majority of elected officials who spend our tax dollars are debt addicts. Their reckless policies, if continued, will destroy the nation. 

Very few politicians will tell you this, though many of them seem neither to care about it nor understand it. Can you recall any of them calling a news conference to announce that overspending must end for the good of the country or that it will be enslaved by overspending? 

In a few decades, at the current reckless spending levels under Democratic and Republican governments, the biggest item in the federal budget will not be paying off the debt or paying for welfare or military programs but paying the interest on the debt. It is now either the second- or third-biggest item in the federal budget. This rarely makes it into the news. 

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