When it comes to the national debt, it amazes me how the debt is such an important Presidential campaign issue to criticize the past President while running for office, but once the incumbent takes the reins, Congress and special interest groups take over and get to work spending every dime and more through the process known as legislation that the President rubber stamps their approval.
It is Congress’ job to “raise and provide public money and oversee its proper expenditure.” Of course the words “proper expenditure” Congress ignores. Just take a look at the budget set out by Congress for the last 11 years and the actual result.
Yes, revenues have increased every year. That’s a good thing. But living within its means, is not what politicians on both aisles do well. Yes, both Republican and Democrats are at fault here, not just the head honcho.
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About Doug EberhardtDoug Eberhardt is a 28 year financial services veteran and precious metals broker selling gold and silver at 1% over wholesale cost. Doug has written a book to help investors understand how gold and silver fit into a diversified portfolio, how to buy gold and silver, and what metals to buy. The book; “Buy Gold and Silver Safely” is available by clicking here Contact phone number for Buy Gold and Silver Safely is 888-604-6534
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