A couple of excerpts from a Jerry Newcombe column:
Terence P. Jeffrey of cnsnews.com points out that the increase of the debt-ceiling limit is the largest in the history of the republic---by a margin of half a trillion dollars.
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To me, runaway government spending, in general, is like a father going into his three-year old's room, breaking open her piggy bank, stealing all the money, and leaving a note. Not an IOU. But a UO-me.
The debt ceiling has now exceeded the $14 trillion dollar limit to just over $16 trillion. Rounding off the numbers, assuming there are 300 million Americans, that means each of us---man, woman, child, newborn baby---owes $46,000 now. Soon we will each owe $53,000.
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