We like to start out the new year optimistically — but also realistically. That’s hard to do.
That’s because our federal taxes, spending and debt are not being handled responsibly by our elected national officials.
Our taxes are too high. The “soak-the-rich” attitude prevails, unjustly, to the extent that lots of people who are not rich are getting “soaked,” too.
But that doesn’t produce enough tax collections to cover the excessive spending! Congress has voted much more spending than even high taxes provide.
So our national debt is about $14 trillion!