It’s time for a little Fiscal Fidelity
We all have heard the classic Washington scandal of a Congressman being unfaithful. The indiscretion usually causes a public outcry leading to a public apology and resignation. But what happens when a member of Congress is unfaithful to the economy?
For decades Washington has spent far beyond its means. This overspending has saddled the country with a national debt of over $15 trillion – a point at which it is now hamstringing economic growth. And even now, as the economy begs for attention, lawmakers are unable to make things right.
As millions of Americans sit out of work and a recovery falters, isn’t it time Washington shows a little fiscal fidelity?