America: The Teenager with a Credit Card
On CNBC’s Squawk on the Street the House Budget Committee’s ranking member, Representative Paul Ryan
was interviewed and championed the idea that the Government should not take us into even further debt.
His website has him quoted as saying:
“We can achieve universal access to quality, affordable health care without bankrupting our children with trillions more in debt or imposing draconian tax hikes on all Americans.”
I haven’t spent much time looking into his plan: the Patient’s Choice Act; so I am by no means claiming that he has a good plan here. I have no idea.
What caught me off guard was something else that he said during his interview.
“We are simply not in a position as a nation to be increasing our spending any more.”
This reminded me of what debt counselors tell people. Its a lesson everyone needs to learn at one point or another. Don’t purchase things until you’re in a position to purchase them.
For some reason, it all made sense to me.
Although we have many, many fiscally wise people in charge of our nation; Group think has reduced America to a teenage money mindset.
The nature of our government reduces the vast majority of politicians and leaders to being utterly powerless with these sort of issues.
If they’re not in power- who is?
Well; although we tried to put some of the more educated people in the hot seat to deal with fiscal issues– Americans want something and they want it now. When that happens- politicians either deliver or they leave office.
With this approach nearing 250 years in the making, America’s debt is well over $11 Trillion dollars.
In fact: Since September 2007 it has increased an average of $3.88 Billion per day!
As America decides that they don’t care about their current debt- they want healthcare and what’s another trillion on top of eleven trillion; she reminds me of a girl I met in a marketing class.
“I lost my job, but its no big deal. I just took out another student loan and I figure I’ll live off of that for a year. That way I don’t have to worry about money.”
Noooooooooooooo!!!!
That’s the road we’re walking down, Nation.
Do you want to live in a hormonal teenage country?
Or do you want to live in a country that has control over it’s own destiny?
The choice is being left up to each and every one of us. We need to make clear that debt is not acceptable.
Our country needs to get this deficit under control; or else we’ll each be paying for our nation’s childish decisions in the frighteningly near future.
If you want to Fix this problem:
Contact your Senator and Representative! Let them know what you think.
As I said before: their job is to appease you in congress. They are there to represent your ideas!
Don’t know your congressmen?
Use Visi.com’s tool “Contacting the Congress” to find your congressmen and their email addresses.