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National debt has impact on Upper Peninsula businesses

March 23, 2013

MARQUETTE — As CEO of the Lake Superior Community Partnership (LSCP) it is my duty to see that we do everything in our power to “stimulate and sustain a vibrant regional economy by facilitating......

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(10)

BravesRock

Apr-02-13 12:45 AM

Unfortunately.

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Spartytruth

Apr-01-13 11:36 AM

Well they are not going away.

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Vauche

Mar-28-13 11:38 PM

Sparty, it's the social programs that need to be undermined though. They are breaking this country and there's no constitutional justification for the government to be doing them.

These programs force higher taxes, higher taxes hurt economic growth which in turn kills the creation of jobs, jobs, jobs.

For my part I would love to see social security gone, at least for my generation. I would love to see the welfare program reformed and severly curtailed, it should NOT be a life style. I would love to see over-lapping programs cut out.

Just the above would make less tax revenue go further and probably reach more people that actually need it.

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Spartytruth

Mar-28-13 11:00 AM

brave - I do not necessarily disagree. However, I do not for one moment think that all this deficit talk by the right wing in Washington is really about the deficit - its a not so veiled attempt to undermine social programs. Otherwise they would not be including tax cuts in every budget. Much of what has occurred deficit-wise is intentionally created for just that purpose.

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Vauche

Mar-27-13 12:23 AM

Good grief Brave! You expect a lot of people.

Well said. Very well said!

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BravesRock

Mar-26-13 3:23 PM

Agree, Vauche, since I'm one of those boomers, and I'm sick at what we are leaving your generation. And yes, the collective "we" are to blame, but Obama's "let's solve this problem by throwing a ton of money (that we don't have) at it" approach to governing has accelerated the process. I have done my part by working hard since I was a teen, saving for retirement, not borrowing money I couldn't pay back, paying off my home, etc. But too many people have the attitude that they are entitled to whatever they want whether they can afford it or not, and then rely on the government to bail them out, such as the home mortgage crisis. We need more personal responsibility, as well as corporate and governmental responsibility and accountability. But it starts with us, as voters and consumers.

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Vauche

Mar-26-13 1:41 PM

Brave, I do agree with what you say.

Yet, I do find it ironic though that there's a ton of babyboomers who claim that we can't leave this kind of debt to our kids and grandkids. Isn't that what they've done already?

I mean, I'm the kid of babyboomers and now I'm paying for all the excesses of my grandparents and parents. So say what you want but seniors today should bare a lot of the blame for where we are now. It isn't PC I know, but it is the truth.

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BravesRock

Mar-26-13 1:31 PM

Here's the current crisis, Sparty: Our short-term approach to solving problems has caused us to kick the can down the road for too long, resulting in this huge federal deficit. It is not going to take 15-30 years for the this debt to become a crisis, and us baby boomers are not the ones who will be most affected. If we care about our kids who are now in school, college, or entering the workforce, then we should do something about our national debt NOW. Otherwise the next generation is going to face a huge burden, which combined with the personal debt so many have coming out of college, is going to mean that many young people are going to struggle mightily to reach the economic level their parents did. It is unconscionable to leave this sort of debt to our children.

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perplexed

Mar-26-13 10:58 AM

Excellent article. Massively surprised the Delta Press would publish anything but the right wing Tea Party/Republican rubbish which the vast majority of time infests it pages.

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Spartytruth

Mar-25-13 3:11 PM

Jobs. Jobs. Jobs.

You tell me in 15 - 30 years there is going to be a crisis. Jobs are a current crisis. Deal with than then we can talk long term - I live in the short term.

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