That's the current national debt.
There's really no excuse for it. Just as the inflation rate should be darned near 0%, the debt ought to be darned near $0.00.
It's not that the government, like populists believe, simply spends too much. It probably does, but the real problem is the American government taxes far too little. It could be done, and should be done, but a fair and equitable, and realistic, tax regime would need to be imposed.
Last prior edition:
No comments:
Post a Comment