America’s Fiscal Eyewash
At their recent national conventions, America’s Republicans and Democrats sought to explain how they would reduce the country’s annual deficits and national debt. But, just as neither party is entirely to blame for America's fiscal weakness, neither of them is addressing the root of the problem.
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FAIRFAX, VIRGINIA – At their recent national conventions, America’s two main political parties devoted a lot of time on the podium to addressing how they would reduce the country’s annual deficits and national debt. Indeed, the United States has run four straight trillion-dollar deficits, driving the national debt to a record $16 trillion, and threatening to weaken the dollar and derail the global economic recovery.