Michael Busler
Dec 14, 2021

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The debt is the total of all annual deficits. The debt will not decrease unless the government runs a surplus in the budget, which they have only done in 4 of the last 59 years.

Because the debt is so large, it is time to consider fiscal responsibility.

Thanks for your comments.

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Michael Busler
Michael Busler

Written by Michael Busler

Dr. Busler is an economist and a public policy analyst. He is a Professor of Finance at Stockton University. His op-ed columns appear in Townhall, Newsmax.

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