We are headed for bankruptcy

Opinion

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Those folks who say only the rich should pay more and our problems would be solved need to get their news and information from more than one source. If we all paid more by returning to the Clinton-era taxes, we would still be heading for a Greek-style bankruptcy as our spending on entitlements is currently costing us 46 cents more than each dollar we take in. Without reforming Medicare spending, we will all eventually be in the streets protesting when the government can no longer borrow to continue the overspending.

Paul Faulkenburg
Oak Harbor

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Herald Editorial Board

• Peter Jackson, Opinion Editor: pjackson@heraldnet.com (@PeterJHerald)

• Carol MacPherson, Editorial Writer: cmacpherson@heraldnet.com

• Josh O'Connor, Publisher: joconnor@heraldnet.com

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