Opinion: The Problem With Wanting It All

Arkansas Business columnist Robert Coon says the 1989 song, “I Want it All” by English rock legend Queen, does as good a job as any at getting to the root cause of our nation’s $17.4 trillion national debt – the insatiable and unabashed addiction we have to spending.

Pointing to a national debt that now equates to roughly $55,000 for every man, woman and child in this country, or roughly $152,000 per taxpayer, Coon we’ve actually convinced ourselves that we can have it all. U.S. debt increased by an astounding $2.8 billion each day in 2013.

Coon says wanting it all is no longer an option, and the change starts with making touch choices on Medicaid, Medicare and Social Security funding.


Read more from Arkansas Business.