Friday, February 27, 2009
Help
I'm listening to Sean Hannity on the radio. He has a couple of 'financial experts' on the air with him, and it is interesting to hear what they have to say. No matter what they espouse, the bottomline is that our government is spending much more money than they are collecting. This cannot continue without dire consequences. A number of events will happen if the spending continues. The government will have to print more money to pay the interest payments, which will cause inflation. Or the government will have to raise taxes, not only on the rich, but on everyone, in order to generate additional revenues to pay the payments on the debt we are accumulating. That is the Democrats way of thinking. The Republicans believe that lowering taxes increases revenues (which has proven true in the past) and in decreased spending. Both beliefs are needed right now, but the Democrats are in charge. Even when we had Republicans in charge, they acted like Democrats. I say get rid of the entire kit and kaboodle, put some true conservatives in charge, and reverse direction the country is currently traveling. If we do not do so, we will need serious help, and soon!
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2 comments:
"If new difficulties arise, we must only put forth New Exertions and proportion our Efforts to the exigency of the times." ~George Washington
For once we agree.
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