It makes so much sense. We 'overpledge' our future time by spending money we don't have, we borrow for wants, not needs, and eventually we pledge more time than we have, we can't keep up, we don't have the money to keep up, and things collapse. The U.S. seems to think that the way it will get us out of this mess is to spend for us, since we can't spend money we don't have, and can't borrow.
I've heard recent numbers citing an average spend so far of over $4,500 per U.S. Citizen for the bailouts. That's money being spent for you to stimulate 'our' economy. We've gone from being Citizens, to Consumers, and now we are trying to spend our way to Prosperity. Estimates say we could average $35,000 per U.S. Citizen before this is over.
Fred Thompson says it better here than I ever could. Please invest 5 minutes of your time and watch this witty commentary on an interesting approach to fixing our economy.
We have a new project, at www.whatisenough.org. Take a few moments and explore it with us, take the pledge to 'Enough'.
