Leadership Required to Avert Debt Disaster

Leadership Required to Avert Debt Disaster

It is increasingly clear that a debt-driven disaster looms nearer and nearer – no matter how many times the politicians kick the can down the road.  This spells trouble for anyone in Washington who has countenanced such massive and unprecedented spending – in particular, President Obama, who has added over $5.5 trillion to the national debt.  Given this out-of-control spending, all three major credit-rating agencies have negative projections on U.S. government debt.

If Washington politicians do not take this ever-growing crisis seriously, then we could see riots in the streets on the scale of Spain or Greece.  It is clear that we need new leadership in this country that can take on the debt and make the choices we need to put us back on the path to prosperity.

Read the full Philadelphia Inquirer article Philadelphia Inquirer article here.

 

 

No comments yet.

Leave a Reply