Political parties usually carry around debt. Some carry more than others. Some parties don’t carry any.
Is it an issue?
Maybe.
Just for the fun of it, consider this portion of a speech Jack Kennedy delivered to a Democratic Party fundraiser in 1962. It came on the first anniversary of his inaugural and a speech many regard as one of the finest inaugural speeches in American history.
Those familiar with Kennedy’s speech will recognise that he is delivering a parody of his own words to the Democrats and their supporters. Those unfamiliar with the original can find it here, at bartleby.com. There’s also a youtube video of the original television broadcast in colour.
- srbp -