RE: 'Our national debt' [Village News, Opinion, 6/28/07]
Last updated 7/12/2007 at Noon
Jesse Ford mentions that in the last 26 years our national debt has grown from $1 trillion to $8 trillion and then goes on to state how wise Warren Buffett is to oppose Bush’s effort to kill the estate tax, since “inherited wealth is an almost sure way to ruin the next generation.”
It’s interesting, Mr. Ford, that you bring up both these issues, implying that one can take care of the other. Obviously since the death tax is in full working order, it does not appear to be putting a dent in our national debt, as you deduce it will.
I respect what Warren Buffett is doing with his weal...