Letters to the editor: We are not hostages
This letter is in response to the guest column written by Donald Kaul on 4-26-11 (Sun Advocate).
We Are Not Hostages!
I read his letter with both amazement and disgust. He talks so eloquently of how the tea party people of this great nation are "string savers and tin foil collectors". In a literal sense, so what if they are. Is it bad to want to save resources and not waste good items for the sake of being chic? But more to the point, the super liberals have tried to turn the word conservative into a dirty word. I don't know how they have been educated to believe the people or the country can just spend forever and keep borrowing more and more.
In my personal finances there is a finite end to resources and I understand that banks will not constantly raise my "debt ceiling". How do he and people educated like him think this country can borrow $4 billion every day, every day, forever. And they want to increase the debt ceiling so they can borrow more. Always more.
What's wrong with balancing your checkbook? Has it somewhere during my lifetime gone out of style? I don't care what your personal political views are, don't you have to show some common sense when it comes to finances?
Without going off-track here and discussing all the excesses and improper ways money is being managed by this country, we simply have to stop! Raising the debt ceiling is not the answer to our problems. If you ask a bank for a loan and they turn you down, what's your next step? You adjust your expenditures to meet your income. You don't take that world tour that wasn't saved up for if the bank turns you down. That's the time to plan ahead and start saving for the world tour.
If congress says NO to the higher borrowing it simply means this country doesn't take its "big trip" until it can afford to.
It is time to balance our checkbook at least. We can pay back our loans over time, just like we do when making payments on a new car, but now is the time to stop borrowing ourselves into payments larger than our income. That is called bankruptcy.
Please don't do that to my great country.