Topic: national debt
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March 8, 2013 at 4:00 PM
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 for generations and generations.” This is from a speech delivered in 1933.
The issue is the same, only the characters have changed.
–Randy Greger, Bothell
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