Sunday, May 01, 2011

Undoing National Debt

From the Washington Post, a good story on how we turned a national surplus into a major debt in 10 years!!!!!! Makes you wish we had Gore's lockbox now, doesn't it? And when you see what portion of the debt is caused by what, why not roll back some of those programs--defense spending, Medicare prescription drug plan, wars off budget (that has been cleaned up already, not the wars, but at least they are on the budget now), Obama's program to build roads and infrastructure, TAX BREAKS!!!!!!!!!!!!!, and oil company subsidies.

If it were me, I would still fund infrastructure spending and alternative energy, even if it costs money and get money back from banks we bailed out to pay for it. If they can afford bonuses, they can pay back. And I would not cut NPR (less than 0.2% of debt), funds for the arts and school lunch programs.

rojo

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