Just Say No!

Enough already!!  I like free money as much as anyone, but I really don’t think that the government giving away yet more money in the form of stimulus checks is a good idea.  There comes a time when it is necessary to tighten the belt and start being fiscally responsible, and we are way past the time.

Is the national debt simply going to go away?  Do we simply close our eyes and pretend it isn’t there?  If we thought it was bad when financial institutions fell apart because of loan practices, how bad will it be when the U.S. government falls apart financially?  Will we start to make better choices or will we run full speed into the wall?

Will somebody please do something about overspending?  Our government is like the person who has maxed out their credit cards, so they get a new one so they can charge more.  Sooner or later you are going to have to pay the bill.  Congress reminds me of a person who, while driving,  begins to slip on an icy road, and in a panic over steers, and loses control.  They are making a bad situation worse.

We keep adding to the debt.  When and how are we going to pay it back?

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2 Responses to “Just Say No!”

  1. Cherie Bell Says:

    Or maybe like a really bad president and Congress who want to give everybody a big fat present right before the election…so maybe we’ll “forget” who’s responsible for this big stinko mess.

    I am TOTALLY on the same page with you on this. It scares the crap out of me every time I hear the highest of the high in our government and financial institutions talk about how our national economy is based on credit.

    BASED ON CREDIT. What a concept.

    I was talking to a friend yesterday about the crises on Wall Street and in the housing market and how I’ve been listening for 3 years to people talk about how both markets were inflated and how a “correction” was inevitable. Just a matter of time. Too bad for the American people that both “corrected” at the same time. And that the solutions being offered rely on acquiring more credit and debt.

    You can trace the overinflation of value on goods and services directly to the abuse of credit. That’s what I say.

    How come nobody’s talking about THAT?

    As much as it pains me to say it, Bill Clinton is the only president that I’m aware of (since I’ve been paying attention to such things), who actually balanced the budget. Not that we were out of debt…but he did balance the budget and reduced the national debt.

    Remember when it was the Republican party that had the reputation for fiscal conservatism? Not anymore… They may be talking the talk, but they sure aren’t walking the walk.

  2. cgirod Says:

    I do think that McCain would try to reign in spending. I hope….

    I also remember the budget surplus the last year of the Clinton administration. Bush gave us all a rebate instead of applying it to our debt.

    What is the payment plan?

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