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Numbers Can Barely Measure Soaring National Debt

by Malcolm Berko

Dear Mr. Berko: How large will the deficit be for 2009? I hear all sorts of numbers but they keep changing. I know it will be a record deficit but with unemployment rising and businesses earning less does Congress have any new ideas on how to pay it off. Some people believe (former VP Cheney for one) that deficits can grow the economy and don't have to be paid off. Is this true? Our taxable income this year will be about $43,000, which places us in the lower middle-income bracket. Do you thin ...

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