The federal budget deficit has long since graduated from nuisance to headache to pressing national concern. Now, however, it has become so large and persistent that it is time to start thinking of it as something else entirely: a national-security threat.
By Gerald F. Seib
My comment: Another worry is that if our government is so burdened by debt, we won’t have the resources and options we need to prevail in the war against jihadism. We are stranglinng ourselves financially. One more thing: The Bible says the borrower is the slave of the lender. Do we want to be slaves to those who hold our debt?