Today I was reading this article by Glenn Beck, and frankly, it just outlines a few things looming in our not that distant economic future that really scare me. Give it a read, then come back here and share your thoughts.
Let’s be clear, I am not an alarmist, extremist, or any kind of -ist for that matter. I tend to tread in the middle road on many things. Even though I am a conservative politically and morally speaking, I am very much one to mix with all types and be happy with the melting pot.
I think we can all pretty clearly agree that our national economic situation America is downright screwed up.
We, as a country, have been borrowing against the future in a big tremendous way in order to enjoy the current prosperity. Politicians continue to do it because it just isn’t easy to get elected without giving people the easy answer to making their our what we all want. It has been easy to let it happen because frankly, we all enjoy the good times, and the negative backlash has seemed so far in the future that we all figure some kind of fix will be figured out along the way. Not my problem, right?
All indicators and difficulties of our current recessive backsliding underway, we are headed for a major bursting of our financial bubbles. It drives me insane to see us continue to operate at a deficit as a country in such enormous sums that the average citizen simply cannot wrap his or her mind around it to be concerned. It’s like the individual that is so deep in debt that they just ignore the bills out of the sheer feeling of futility of doing anything about it.
One life getting fouled up with band financial decisions is a bad thing, an entire country is in an entirely different scope.
I truly believe that our generation needs to be the one to take this problem by the horns and do something about it. Even if it means a decade of some very difficult times, it isn’t going to get any easier the longer we put it off. We are well past the point of thinking we can just maintain status quo and it will somehow resolve itself.