GloucesterTimes.com, Gloucester, MA

February 12, 2013

Letter: Debt science 101


Gloucester Daily Times

---- — To the editor:

Regarding our dealing with our national debt, a limit on how much one can borrow certainly does make one conscious of what one can spend. And the same goes for government.

Yes, if a household is on the point of bankruptcy, or in it, the household does have to cut up its credit cards. And the same goes for government.

Our nation is bankrupt. We must start to cut back.

GERALDINE MURPHY

Salem