In “Hamlet,” Shakespeare pens one of the most familiar lines — and best advice — ever written. Before Laertes leaves for Paris, his father, Polonius, tells him: “Neither a borrower nor a lender be…”
We have ignored that advice for far too long, which is why the U.S. national debt is $20 trillion with more to come, thanks to the Republican Congress, which has passed a two-year spending bill that calls for $300 billion in new spending and removes caps applied by the Budget Control Act of 2011.
It’s being sold to the public with the highest and purist motives. We need to support our “brave” men and women in uniform and repair our roads and bridges.
As Politico first reported, an audit revealed a Defense Department agency can’t account for $800 million targeted for building projects. Worse, if that’s possible, the Defense Logistics Agency has no paper trial and can’t tell auditors where the money went. And Congress is going to give them more.
As for infrastructure, wasn’t the Obama “stimulus,” otherwise known as the American Recovery and Reinvestment Act of 2009, supposed to have fixed roads and bridges? It was more like a down payment because government never has enough of our…