Tuesday, December 08, 2009

In debate over nation's growing debt, a surplus of worry

The Washington Post reports:
"Right now, this year, we have 1.6 trillion in debt coming due. That's roughly twice individual income tax revenue. Our only plausible strategy for paying that back is to borrow more money," says Leonard Burman, an economist at Syracuse University.
Yet, "progressives" are people who call more government spending.