Friday, March 31, 2006

Fiscal responsibility

The April issue of U.S. Catholic, printed before the passage of the New York State budget, reports:
Our collective inability as a nation and as consumers to balance our budgets is not just a political but a moral failure. In fact, reining in U.S. debt could be the most challenging social and moral problem of our times. Though terrorism and Mother Nature remain potent and uncertain dangers, it is America’s fiscal gluttony and shaky monetary policy that are emerging as the likeliest threats to world stability and peace.

Read the entire article here.