Most political threads focus on blaming somebody for what has happened in the past, what is happening now, or what is intended to happen in the future. And there is no greater point of contention or blame or fault finding than what the federal government does with the people's money.
In my opinion, it is no longer important whose fault it is. I believe we are at the jumping off place, the absolute last chance we have to start turning it around. Or it will be too late.
Hal Mason, a retired accountant, has been quoted quite a bit on many of the financial sites recently and has put together a short video illustrating the problem we have.
United States Budget Dilemma.wmv - YouTube
The point he makes is that it will require considerable sacrifice and pain for everybody to stop our headlong rush into national bankruptcy and generations of stagnation.
Is he right? If not, how is he wrong? If so, how much pain/sacrifice would you endure personally to fix the problem?
In my opinion, it is no longer important whose fault it is. I believe we are at the jumping off place, the absolute last chance we have to start turning it around. Or it will be too late.
Hal Mason, a retired accountant, has been quoted quite a bit on many of the financial sites recently and has put together a short video illustrating the problem we have.
United States Budget Dilemma.wmv - YouTube
The point he makes is that it will require considerable sacrifice and pain for everybody to stop our headlong rush into national bankruptcy and generations of stagnation.
Is he right? If not, how is he wrong? If so, how much pain/sacrifice would you endure personally to fix the problem?