Kasich: It’s finally time to tackle the national debt

By Free Republic | Created at 2024-12-21 19:50:33 | Updated at 2024-12-22 06:47:22 11 hours ago
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Kasich: It’s finally time to tackle the national debt
The Hill ^ | 12/21/2024 | John R. Kasich

Posted on 12/21/2024 11:32:48 AM PST by ChicagoConservative27

More than a few people have said that I’m the boy who cries wolf. The reason is my decades-long concern with the ever-growing U.S. government debt.

For years — in Congress and as a governor — I have sounded the alarm about our federal government’s corrosive habit of spending more than it takes in and its need to borrow ever more money to plug that gap. Today, the federal government budget deficit is $1.8 trillion, and the outstanding government bonds and other forms of borrowing — the national debt — totals $36 trillion.

And yet the republic still stands, I am constantly reminded. “John, what’s the big deal? A little debt doesn’t hurt. The government can handle it.”

Until it can’t. And when things finally turn for the worse, the debt will be the wolf that doesn’t just eat me, but all of us.

(Excerpt) Read more at thehill.com ...


TOPICS: Government; News/Current Events; Politics/Elections; Your Opinion/Questions
KEYWORDS: debt; kasich; national; tackle; theshill

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To: ChicagoConservative27

No, it’s decades past time and we’ve heard this song and dance before. Shaddup.


2 posted on 12/21/2024 11:34:08 AM PST by SaxxonWoods (Black guy upon receiving a MAGA hat: "MURICA!")


To: ChicagoConservative27


3 posted on 12/21/2024 11:35:20 AM PST by nwrep


To: ChicagoConservative27

If it didn’t even matter that you were an anti-Trumper anymore, why even opine


4 posted on 12/21/2024 11:36:20 AM PST by sopo


To: ChicagoConservative27

Who? (But he’s right... at least in the posted portion of his essay).


5 posted on 12/21/2024 11:36:39 AM PST by Flaming Conservative ((Pray without ceasing))


To: ChicagoConservative27

“ And when things finally turn for the worse, the debt will be the wolf that doesn’t just eat me, but all of us.”
——————-
The world’s total debt is somewhere in the neighborhood of $380 Trillion.The western world’s debt makes up most of that. Bodes not well for the Western world, especially the US.


6 posted on 12/21/2024 11:38:07 AM PST by delta7


To: ChicagoConservative27

Never-Trump clown speaks.

Go away.


7 posted on 12/21/2024 11:39:32 AM PST by LongWayHome


To: delta7

8 posted on 12/21/2024 11:43:04 AM PST by delta7


To: ChicagoConservative27

Sit down and shut up, John Boy


9 posted on 12/21/2024 11:43:29 AM PST by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████ ████ █ ███████ ████. FJB.)

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