- - Sunday, January 29, 2017

ANALYSIS/OPINION:

When a government raises spending and cuts taxes, it increases the debt. When it increases the number of people getting food stamps and other forms of welfare (which the Obama administration did for the past eight years), doesn’t that also increase the national debt? What about some of the wasteful spending programs both parties continue to fund?

Will Medicare ever be reimbursed for the billions of dollars taken out of it to initially fund Obamacare when the Democrats controlled the House, Senate and White House and rammed the law down the Republicans’ throats? Just because the Republicans controlled the House and Senate the last few years of the Obama administration and were responsible for approving budgets doesn’t necessarily mean they are to blame for the current level of national debt. Our generation won’t be the ones to pay off that debt, either; our children and grandchildren will be the ones to do that, and for many years to come.

If our elected politicians, Republican and Democrat alike, continue to put off doing anything about the growing national debt as they have for years, it will eventually become a financial disaster for the citizens of this country. As Margaret Thatcher famously said, “The problem with socialism is that you eventually run out of other people’s money.” And ours has run out.

JOHN HOLLENBACK

Greenfield Township, Pa.

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