The Economic Stimulus Package

Yesterday's Chicago Tribune had a strongly worded editorial rebuking Cook County for seeking to add debt to fund current services. The idea was that local government needs to "pay as it goes." Where is the corresponding editorial seeking such restraint on the federal level?

Currently, our nation is awakening with a hangover from an extended party with debt. Millions drank deeply from the bottle of easy credit, and now we all have a headache. The solution on Capital Hill seems to be more of the same. Rather than individuals borrowing billions they cannot afford to pay back, it will be Washington borrowing trillions of dollars that will just as impossible to repay.

Like a person with a hangover taking a few drinks, it will only postpone the inevitable painful hangover.