The Daily Scoop: George Washington’s Foresight for the Debt Panel


This is an interesting opinion piece discussing how the country’s founders’ foresight is still very applicable to the issues of today. This foresight goes beyond Washington as John Adams, Benjamin Franklin, James Madison and others still have much we can all learn from.

New York (CNN) — The clock is ticking in Washington on the bipartisan super committee, those 12 members of Congress tasked with finding at least $1.2 trillion in deficit reduction by Thanksgiving.

More than 140 of their colleagues, both Democrats and Republicans, are encouraging them to be bold and go bigger — reaching $4 trillion of deficit reduction in order to put the U.S. on stable long-term fiscal footing and avoid another round of downgrades.

But if their colleagues’ counsel isn’t persuasive, there’s an additional voice the super committee could find inspiration from — the original founding father, George Washington.
Read more….

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