The G20 summit recently held in Toronto, Canada has gained much press due to the clashes between protesters and police. However, SFL Campus Coordinator Clint Townsend of the University of North Texas delves into the deeper issues under discussion by these powerful leaders in his commentary published July 4 on Amarillo.com. The full text of his article can be found here: http://www.amarillo.com/stories/070410/opi_opin8.shtml
Clint discusses the need for more fiscal and monetary restraint on the part of the world’s largest powers in solving the current economic turmoil still plaguing many parts for the world. Clint notes the fear that many European states have over looming deficits in light of the unfortunate fate of states like Greece and remarks:
“For once it seems as though the United States should heed the advice of Europeans and support initiatives to ease pressures on the government credit card.”
He also cites the United States’ ongoing wars and unnecessary foreign involvement as reasons for our precarious financial state. Initial solutions for the U.S. would involve the ending of PAYGO and reformed interest rate policies.
SFL encourages such informed commentary from students and hopes to see more student leaders make their voices heard in the debates of our day.
