- Marble Hill fires entire sewer department (8/23/16)5
- Ex-Southeast student gets probation for placing homemade sex video on porn site without woman's knowledge (8/24/16)13
- Bootheel lawmaker seeks probe into crop damage by illegal herbicide spraying (8/24/16)1
- The Chrome Queens (8/21/16)2
- Local private school dreams bigger, plans for new building at Sprigg and Lexington (8/22/16)
- Newsmakers 2016: Jason Bandermann (8/15/16)
- 'Santa' suspect Moffat sentenced to 12 years for sexual abuse of girl (8/23/16)2
- New CEO named at Wood & Huston Bank (8/21/16)
- Schnucks bans solicitors, including organizations like Salvation Army (8/24/16)38
- Police: Woman beat another woman with a bat over a pair of shoes (8/21/16)2
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.