I owe United States of America $31,560.00. So do you and each of your children. At least that is the share of each of us in our National Debt of over $9,626,202,236,472.00. And it's going to get worse--much worse. I saw the movie I.O.U.S.A. last Saturday and I am convinced our present standard of living cannot be sustained without taking drastic action. Simply stated, we are consuming more than we are producing; we are spending more than we have. Neither candidate for president is talking aabout tax hikes or less spending, but both are going to be necessary if we are to avoid bankruptcy. I believe in David M. Walker, who is the main spokesman in the movie. Walker was Comptroller General of United States, under both republican and democratic administrations, from 1998 to March 12, 2008. He ran the Government Acountability Office (the GAO). He was fired by President Bush because he did not go along with the administration's fiscal policies. He is now the CEO of the newly established Peter G. Peterson Foundation. One source of viewing Walker on video is www.pgpf.org. Under Video and Walker's picture click More Multimedia and then click Walker on 60 Minutes for one video and Beck Interviewing Walker for another. video. 
1 comment:
My opinion is that the reason we are in the shape we are can be compared to this pizza place in Dearborn that went out of business.
The owner was never there, so they had kids running the place and they kept giving away the pizzas.
If you are going to run a good restaurant, the owner has to be there. With government, the president should be the one that's at the store all the time, making sure the pizza is not being given away. But in our case, he is not only watching, but helping give it away in the form of wars that are none of our business all over the globe, and funding all kinds of projects that are not neccessary for general survival. Then to use the pizza analogy, he charges outrageous prices to the people that are not getting their pizza for free (the taxpayers).
I am sure that having everything produced in China, a country with few controls on what they do to the environment, is also part of the problem. That would be the same as allowing a pizza place to be in a private home. They could charge less because they don't have to have all the requirements of a commercial kitchen. But in the end, people would get sick from no regulations over sanitation.
Post a Comment