These days when you turn on the TV, listen to the Radio on the way to work, or open up a Newspaper,
Everyone seem to be talking about the Deficit and the Debt Crises.
The one thing they all can agree on, is this is NOT a good thing
But they do disagree on what to do about it.
Some say, we need to raise taxes, which would give the Government more Revenue and fix the problem.
Others say no, raising taxes would dampen a weak economy and that instead we should lower taxes, stimulate the economy and that would give the Government more Revenue and fix the problem.
Now both of them can't be right,
But both of them CAN be
Dead Wrong
You see, for generations the American People with just a few exceptions HAS been sending DC more money each year than the year before.
But for generations with just a few exceptions DC has SPENT more money than we sent them.
So Raising Revenue
Has NOT been Working!
If it was, we would not have this problem.
Just to give an example of our present reality,'
Picture the Federal Government as a household making 40K a year,
The MidEast Conflict would be like them taking out a Loan for 20K and paying for 8 years on it at the rate of $50 a week.
That is like something a lot of us have done.
But this last year was like that same family spending 70K.
If that should be a member of your family, you might try to talk to them,
If you found that they did not see any problem and in fact planned on doing the same thing next year and the year after and so on.
You would probably be talking to the rest of the Family about getting them some help.,
We need to get Uncle Sam some help.
Right now and for SURE
Next November.
Updated: Tuesday, 9 August 2011 8:33 AM CDT
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