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The Wednesday, Jan. 23 Alpena News contained an Associated Press (AP) article, \u2018Biden Meets With Democratic Leaders As Debt Showdown Looms\u2019 on page 6A. <\/p>\n
The article went on to warn about the \u2018extreme Republican economic plans\u2019 and presented all kinds of horror results if the debt ceiling is not lifted. So, I ask, when is the right time to face our nation\u2019s debt? It is currently $31 trillion. Do we wait until it is $40T? $50T? $60T? The longer we wait the more pain we will feel. That is unless our intention is to go merrily along and let our children and grandchildren deal with the fall out that eventually will come.<\/p>\n
Look at it this way. As parents, assume our children are responsible for our debts when we pass. Do we go on a spending spree in our old age, accumulate tremendous debt, and say to ourselves, \u201cI\u2019m not going to worry about it, it\u2019ll be the kids\u2019 problem when we\u2019re gone\u201d. Not many parents would do such a thing.<\/p>\n
Well, that is exactly what we and our politicians are planning and doing right now. So far that has been a bi-partisan effort, both Democrats and Republicans playing along, as they rarely do on anything else. <\/p>\n
It\u2019s time to stop killing the future of our children and grandchildren and for the US to take the pain so they don\u2019t have to.<\/p>\n
MIKE LEOW,<\/p>\n
Rogers City<\/p>\n
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