Deficit versus debt Paul Krugman’s thoughtful column, and in particular his concern about how ill-informed voters are about the deficit, raises a question. [“Truthiness on the budget deficit,” Opinion, Aug. 18.] Is it possible some of the people who were asked about the topic may have confused the deficit with the national debt, which has continued…More
Topic: federal deficit
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Follow the money The letter from Michelle Munneke claims that sequestration of the federal budget does not solve the problems of our inefficient tax code and entitlement programs that drive the deficit. [“Northwest Voices: Sequestration and the federal debt,” Opinion, Aug. 13.] Those two “problems” are actually conservative code phrases for their political agenda. Fixing the…More
Both parties are at fault in Congress In response to Spencer Higley’s letter regarding the federal deficit, in which he says that the reckless spending by our government is due to the Republicans, I’d like to point out that the Democrat-controlled Senate refused to submit a national budget for three years. [“Northwest Voices: Federal deficit…More
Deficit should be dealt with on micro level I am no fan of the sequester: Some of the programs cut by it are vital programs that should never have been touched [“Nobody budged,” page one, March 2]. But seeking a grand bargain is a recipe for a long, drawn-out battle, and will probably entail numerous capitulations…More
Deficit from war has historical precedence Debt reduction, the deficit, the fiscal cliff, it’s nothing new [“Obama, lawmakers trying for deficit deal,” News, March 7]. In his speech “War is a Racket,” Maj. Gen. Smedley Butler worried about the deficit spending from war that plagued the country and would have to be paid through “backbreaking taxation…More