Today's lead story in Money Morning – "An Open Letter to Washington: How to Slash the Federal Budget Deficit and Save the U.S. Economy" – is generating the strongest response of anything we've published in recent months. In that piece – essentially a political/economic commentary – Money Morning's Martin Hutchinson outlines a broad five-part plan for attacking both the federal budget deficit and the soaring national debt.
The commentary, written in the form of an "open letter" to U.S. President Barack Obama and members of the U.S. Congress, has already been widely syndicated and is generating scads of comments and e-mail responses.
We even urged readers who agree with all or most of it to say so by forwarding it to their elected representative in Washington.
It's no surprise that the column has generated such strong interest. As a former international merchant banker and financial advisor, Hutchinson has an engaging way of highlighting the top issues in the global marketplace. But given all this interest, I thought I would take a few moments to share with readers some of the questions and comments – as well as some of the criticisms – that we received.