
Two Things That Worry Me to Start 2024
There are really more, like how well my baseball team will do this coming season, but we need to focus on a couple of big issues that affect us all and our entire country. The first issue is our insane national budget deficit. One would think that since the effects of the pandemic receded more than a year ago, the 2023 budget deficit would plummet as well. Not a bit. The budget deficit is $1.7 trillion, a $320 billion increase over the prior year. To be fair, some significant increase is due to increased interest expense because of higher interest rates. Our elected officials did not plan for that even though they had to know that interest rates would not stay forever at absurdly low rates. Yet they acted like irresponsible children stuffing Halloween candy in their mouths without regard for how their stomachs would feel the next day. Republicans are also guilty as the last Republican President, Trump, did little to reduce spending. The Democrats exaggerate Trump’s deficits. Biden’s people stuffed his massive spending bills into Trump’s record as his last fiscal year ended nine months after Trump left… Read More