Letters to the Editor

March 28, 2013 8:55 PM

Government spending | Fool me twice, shame on me

A March 24 letter to the editor by Mr. Euglad (“Federal debt an investment in our future”) attempted to justify the national debt by comparing it to a household earning “$100,000 who has a $200,000 mortgage.” A more appropriate comparison would be to a household earning $100,000 who has a $200,000 credit card debt, plans on adding another $200,000 to the credit card, and still needs to take out a $200,000 mortgage.

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