ELECTION: What about debt?

For months now, we the voters have been expected to listen and understand the many candidates on what they say they stand for.

That in itself is hard to decipher as a voter. The candidates themselves cast the appearance not to understand. For the most part we find it difficult to believe what the USA is facing with a mountain of debt. Recently reported that the national debt passed the unbelievable $19 trillion mark and to be over the $20 trillion mark when the new Commander in Chief takes office one short year away. These numbers I dislike to report don’t even include billions more in unfunded liabilities.

Have you heard from one candidate in either party address how to approach this massive problem? We have sure heard how they expect to spend. Let’s include in this group the Federal Reserve; they too appear to be devoid of understanding the issue at hand, while their balance sheet grows and grows, with less than perfect assets.

I can’t, being of fairly clear mind, leave out the main street media. To my knowledge, not once has the question in any of the debate forums been asked of the participants on how they expect to tackle this problem.

Higher taxes? Reduced spending? The smoke and mirror game is in full force while many key industries are still moving across the borders.

CLINT BOWER

Coeur d’Alene