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Good as GOLD. Some thoughts to ponder...
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<p>[QUOTE="Morgan1878, post: 786856, member: 17869"]It is definitely not too late. There are examples of countries that had bad national deficits who are now fiscally healthy. Canada was able to turn a bad situation around in the recent past through the hard nosed discipline of reduced spending & higher taxes. We can do the same. It will require a lot of political guts by our elected officials and the faith of the voters that they're getting a fair shake if they are being asked to pay more taxes, get fewer services and possibly endure a somewhat lower standard of living to get the country back on track. Right now, with all of the bickering, partisanship and finger-pointing, it doesn't look too good. As the situation gets more dire however, I think it will be apparent that the time is full for action and we will somehow muddle through it. Americans seem to do their best when crisis is at their front door.[/QUOTE]</p><p><br /></p>
[QUOTE="Morgan1878, post: 786856, member: 17869"]It is definitely not too late. There are examples of countries that had bad national deficits who are now fiscally healthy. Canada was able to turn a bad situation around in the recent past through the hard nosed discipline of reduced spending & higher taxes. We can do the same. It will require a lot of political guts by our elected officials and the faith of the voters that they're getting a fair shake if they are being asked to pay more taxes, get fewer services and possibly endure a somewhat lower standard of living to get the country back on track. Right now, with all of the bickering, partisanship and finger-pointing, it doesn't look too good. As the situation gets more dire however, I think it will be apparent that the time is full for action and we will somehow muddle through it. Americans seem to do their best when crisis is at their front door.[/QUOTE]
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Good as GOLD. Some thoughts to ponder...
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