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Topic: national debt

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March 8, 2013 at 4:00 PM

Obama, lawmakers work to reduce deficit

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

Comments | More in Barack Obama administration, Economy, Federal government | Topics: Barack Obama, federal deficit, national debt

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