Letter to the Editor  Nation should not have raised debt limit
Editor, the Record:  Recently, President Obama warned Congress
that it had better raise the federal debt limit and quickly. He
then insisted that the USA "is not a deadbeat nation." If that's
the case, why raise the debt limit? Only a nation that has
financial obligations it can't meet would need to borrow even
more money.  Which is the case? Either the nation is not a
deadbeat nation and therefore has the resources on hand to pay
its bills or it is insolvent and therefore needs to borrow even
more money than it already has.  I believe the majority of
Americans, if not the president, know the truth. It would just
be nice to hear it from him.    Reader Reaction Print this
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