Our Secretary of the Treasury, Janet Yellen,  recently described an increase in national indebtedness from 32 trillion to 51 trillion as a reduction.  Only by using the Democrat Party’s fuzzy math formulation can one make that claim.  The debt is projected to rise almost 20 trillion by 2033, but the Democrats claim that this is a reduction because the rate of growth will have been slowed.

This is the same sort of double-speak we have had from Washington over many years.  Most Federal spending programs have a built-in growth rate in order to account for inflation, etc.  If the Republicans should attempt to balance the budget by slowing the growth rate of certain programs they would be accused of cutting the program itself.  No wonder inflation is out of control.  It feeds upon itself.

Let’s be honest with one another.  We must accurately define our fiscal problems if we ever hope to solve them.