Letter: U.S. should quit spending more than it takes in
First Published Oct 26 2013 01:01 am • Last Updated Oct 26 2013 01:01 am
A recent Forum letter ("Lee, Cruz don’t understand the basics," Forum, Oct. 20) referenced the logic and correctness of two ingrained principles learned in business addressing the incorrectness of shutting down the government and not paying their bills.
One principle stated "when you promise to pay for something, you pay for it." How about another rule stating that you should not spend more than you make? Continuing to pay your bills with borrowed money certainly is not logical or sustainable.
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