An Example of What High Debt Will Do to Our Country

 

Tomorrow morning I will officially announce as a candidate in the Republican Primary for the U.S. Senate seat now held by Deb Fischer, because she is making no effort to reduce our national debt which is badly out of control.
So I will be making a transition from blogger  to candidate . My posts will become shorter as I spend more time on campaign activities.


Today take a look at a WSJ article comparing outlays for defense, non-defense and net interest payments on our debt.  It shows how interest payments on our debt are likely to exceed spending on all discretionary non-defense programs by 2022.
Conclusion. This is a dire warning of how our spending priorities will become highly distorted if we are unable to shrink our debt.

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