Top 2020 issue should be national debt (Whipple)
05/28/2019 Filed in: News Journal
Coverage of the 2020 presidential campaign should downplay political posturing and insults – who cares if the president calls the former vice president “Sleepy Joe,” for example, while being labeled the “divider in chief” – and focuses on policy issues.
The top issue, as far as I’m concerned, is one that most candidates instinctively avoid. The government needs to stop supporting spending programs Americans aren’t willing to pay for in taxes and charging the resulting deficits on the national credit card.
Gross federal debt is now over $22 trillion and rising about $1 trillion per year with no end in sight. This pattern is unsustainable.
Secure America’s Future Economy (a group to which I belong) has suggested that President Trump promise to balance the budget by 2025 and outline his plans for doing so. Democratic presidential candidates would hopefully follow suit, and one of the presidential debates in the fall of 2020 would be reserved for discussion of the finalists’ budget plans.
Let’s hope this idea catches on, because America’s future is hanging in the balance.
William Whipple III