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	<title>Use The Dollar &#187; Credit</title>
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		<title>America: The Teenager with a Credit Card</title>
		<link>http://www.usethedollar.com/archives/2009/06/07/america-the-teenager-with-a-credit-card/</link>
		<comments>http://www.usethedollar.com/archives/2009/06/07/america-the-teenager-with-a-credit-card/#comments</comments>
		<pubDate>Sun, 07 Jun 2009 13:28:26 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[government]]></category>

		<guid isPermaLink="false">http://www.usethedollar.com/?p=389</guid>
		<description><![CDATA[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."]]></description>
			<content:encoded><![CDATA[<p><img class="aligncenter size-full wp-image-395" title="America has become like a Teenager with a Credit Card" src="http://www.usethedollar.com/wp-content/uploads/2009/06/america-teenager-credit-card1.png" alt="" width="500" height="156" /><br />
On CNBC&#8217;s <a href="http://www.cnbc.com/id/15838381/">Squawk on the Street</a> the House Budget Committee&#8217;s ranking member,<strong> Representative <a href="http://www.house.gov/ryan/">Paul Ryan</a><br />
</strong> was interviewed and championed the idea that the <strong>Government should not</strong> take us into even further debt.</p>
<p>His website has him quoted as saying:</p>
<blockquote><p>&#8220;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.&#8221;</p></blockquote>
<p>I haven&#8217;t spent much time looking into his plan: the <a href="http://www.house.gov/ryan/PCA/PCAsummary15p.pdf">Patient&#8217;s Choice Act</a>; so I am by no means claiming that he has a good plan here.  <em>I have no idea</em>.</p>
<p>What caught me off guard was something else that he said during his interview.</p>
<blockquote><p>&#8220;We are simply not in a position as a nation to be increasing our spending any more.&#8221;</p></blockquote>
<p>This reminded me of what debt counselors tell people.  Its a lesson everyone needs to learn at one point or another.  Don&#8217;t purchase things until you&#8217;re in a position to purchase them.</p>
<p>For some reason, it all made sense to me.</p>
<p>Although we have many, many fiscally wise people in charge of our nation; <strong>Group think has reduced America to a teenage money mindset.</strong></p>
<p>The nature of our government reduces the vast majority of politicians and leaders to being utterly powerless with these sort of issues.</p>
<p>If they&#8217;re not in power- who is?</p>
<p>Well; although we tried to put some of the more educated people in the hot seat to deal with fiscal issues&#8211; Americans want something and they want it now.  When that happens- politicians either deliver or they leave office.</p>
<p>With this approach nearing 250 years in the making, <strong>America&#8217;s debt is well over $11 Trillion dollars.</strong><br />
In fact: Since September 2007 it has <strong>increased </strong>an average of <strong>$3.88 Billion per day</strong>!</p>
<p>As America decides that they don&#8217;t care about their current debt- they want healthcare and what&#8217;s another trillion on top of eleven trillion; she reminds me of a girl I met in a marketing class.</p>
<p>&#8220;I lost my job, but its no big deal.  I just took out another student loan and I figure I&#8217;ll live off of that for a year.  That way I don&#8217;t have to worry about money.&#8221;</p>
<p><strong>Noooooooooooooo!!!!</strong></p>
<p>That&#8217;s the road we&#8217;re walking down, Nation.</p>
<p><strong>Do you want to live in a hormonal teenage country?</strong></p>
<h2>Or do you want to live in a country that has control over it&#8217;s own destiny?</h2>
<p>The choice is being left up to each and every one of us.  We need to make clear that debt is not acceptable.<br />
Our country needs to get this deficit under control; or else we&#8217;ll each be paying for our nation&#8217;s childish decisions in the <em>frighteningly</em> near future.</p>
<h2>If you want to Fix this problem:</h2>
<p>Contact your Senator and Representative! Let them know what you think.<br />
As I said before: their job is to appease you in congress.  They are there to represent your ideas!</p>
<p>Don&#8217;t know your congressmen?<br />
Use Visi.com&#8217;s tool &#8220;<a href="http://www.visi.com/juan/congress/">Contacting the Congress</a>&#8221; to find your congressmen and their email addresses.</p>
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