- Scott City man dies in motorcycle crash near Millersville (8/13/17)
- Sands Pancake House moving to Morgan Oak location (8/11/17)1
- Stoogefest headliner cancels, cites NAACP travel advisory in Missouri (8/15/17)2
- Cape movie theater to feature recliners, new food and drink options (8/11/17)3
- Teen convicted of shooting area woman in 2015 (8/13/17)
- Man accused of making terror threats against dental office (8/13/17)
- Councilman: Scott City mayor, city administrator resigned (8/15/17)4
- Woman dies in house fire in Cape Girardeau County (8/16/17)
- How to save a life: Lifeguards resuscitated young girl at Cape Splash (8/17/17)1
Politicians should be held to same fiscal standards
To the editor:
We have been hearing a great deal about corporate fraud. At least one corporation has been accused of cooking its books by using borrowed money as revenue. Many government officials have said corporation officers who falsify their financial statements should be locked up.
Our government on July 12 projected a budget deficit of $165 billion for the current fiscal year. At the same time, the national debt had increased $319 billion during the fiscal year. It will grow even more during the remaining two and a half months.
The budget deficit is artificially lowered by using money borrowed from the various trust funds as revenue. Our government officials should be held to the same standards as corporate officials. What is good for the goose is good for the gander.
West Plains, Mo.