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Federal Debt and Deficit as a National Security Threat
The Joint Chiefs of Staff under both presidents Bush and Obama have concluded that the greatest national security threat facing America is the federal budget deficit and debt. Their reasoning is primarily economic, in that interest payments on the debt … Continue reading
Posted in Economic and Financial Policy
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Providing National Defense in an Age of Debts and Deficits
Upon taking the oath of office, the President swears to,”…preserve, protect and defend the Constitution of the United States.” The Preamble states six reasons for writing the Constitution, two of which are to, “provide for the common defense…and secure the … Continue reading
Posted in Economic and Financial Policy
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