The U.S. government rang up a $94.32 billion budget deficit in June, a record for the month, as the price tag for efforts to prop up the economy, banks and automakers mounted and revenues weakened. [Read]
And who does not understand that road to serfdom starts with indebtedness? The government is our master, and we seem unwilling to do anything about it, just wanting to get by and let the next generation stand up for what is right. Maybe it is our time to do what is right, not simply expedient.