Houston, We Have a Spending Problem

By Stephen Green

If you could reduce the latest deficit blowup to just one movie line, it would be from “Apollo 13.”

“Houston, we have a spending problem.”

Before I take you through today’s doom and gloom news item, a quick reminder that every time I write about Washington’s addiction to spending and debt — which codependent voters fully enable — I probably lose readers. But hard truths must be told, and if you hit the Back button instead of reading them, you won’t be the first. Or the last.

Nevertheless, I persist after driving readers away for nearly a quarter of a century.

Once more unto the breach, dear friends, once more.

Oh, well — what can I say? I’m a slow learner.

I’m not quite so slow as our congresscritters in Washington, however. Even with tariffs generating yuge new revenues off of American consumer spending, Congress just gifted us with the biggest July deficit since the COVID lockdown/stimulus idiocy of 2021.

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Read Full Article Here…(pjmedia.com)

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