- Krispy Kreme coming to Cape Girardeau (12/14/17)2
- Light and music show: Jackson family goes high-tech with Christmas display (12/11/17)
- Two Cape County residents, including former Jackson police officer, face burglary charges in Colorado (12/12/17)
- Cape schools to get two new principals, assistant superintendent (12/13/17)1
- Kelso resident brings home $60K in lottery winnings (12/14/17)
- Three-vehicle wreck ends up with parked car crashing through business wall (12/16/17)3
- Insurance building's renovation part of Coalter family's commitment to region (12/15/17)3
- New regents president named after Knudtson decides not to seek second term (12/18/17)
- Southeast rings bell for 807 December graduates (12/18/17)
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.