Budget surplus

@bjone6 (348)
United States
March 12, 2007 11:34pm CST
Does anyone believe in the government having a surplus? I hate having a budget deficit. The national debt doesnt' worry me as much as the rising budget deficits. But should the government aspire to having a surplus? I mean that's our money sitting in their interest bearing accounts, while we could have the money earning interest for us. Your thoughts?
2 responses
@prisidio (35)
• Canada
19 Mar 07
Canada has a budget surplus, and for the most part, the government has focused more on using the money to pay down the national debt instead of investing in new social programs. While I understand the economic sense it makes, it's a shame our government is not sharing the wealth with its people and is instead satisfying the thirst of its largely foreign creditors and banks.
• United States
15 Mar 07
I wouldn't put a lot of faith in these projected numbers. Keep in mind how these same agencies that report all this seem to some how cook the numbers and when fubnds go missing we never hear the real accounting for where it went. All of this is nothing more than to drive the thinking of how good or bad they want us to think our budgets are doing.