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Writer's pictureClassic City News

Biggest U.S. economic threat: failure to pay debt


There is nothing more important to our economic well being then the uninterrupted history of our nation paying its debts. Our entire economic standing is dependent on full faith and credit of the United States. Failure to do so will have a devastating effect on every aspect of our economic well being: employment, business activities, access to credit and at rock bottom prices, etc.

Failure to raise the debt limit immediately is not just playing with fire, it is playing with an economic nuclear bomb.

We expect our representatives in Congress to always act based on a full understanding of the facts and in the best interest of our nation, our state and our community.

Failure to provide the funds to pay our debts means our troops are not paid and the security of our nation is placed at risk.

Our members of Congress, regardless of party, must act now to vote in favor of our country paying its debts to our veterans, our troops, our civil servants and to providing vital governmental services.

They must raise the debt ceiling, as was done three times during the presidency of Donald Trump.

Our welfare is in their hands.

They must not fail us.

Bruce and Karen Menke

Athens

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6 Comments



Lisa Mende
Lisa Mende
May 19, 2023

Really Joe, what responses did you expect? Oy to the very max.

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Classic City News
Classic City News
May 19, 2023
Replying to

I would welcome a letter from you - on this or any issue or topic!

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ne_ga_kayak
May 14, 2023

You're not going to win the Nobel prize in Economics bud! One day we won't be able to merely pay the interest on the 35T in 2023 or 50T in 5 years. That is the real threat and that will be game over but at least the government won't be able to pay anyone and there will be a lot less government employees overnight. Small price for saving the environment, the second biggest threat behind White Nationalism. Ask Joe!

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Common Sense
May 13, 2023

The biggest threat to our economy and country is a senile, corrupt, career politician that doesn't know what day it is.

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Elaine Coc
May 13, 2023

I have some bills that are on my credit that were due to my oldest child opening credit in my name.

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