Sitting here watching the news and it looks like everyone is lining up for a bailout with taxpayer money.
We have school boards that misappropriate millions of dollars in school budgets, auto makers who cannot forecast properly the types of vehicles Americans would purchase, and now we have states who cannot balance their budgets and looking for tax payer money.
America is going bankrupt under the leadership of overpaid fat cats who don’t seem to have any wisdom or common sense. The bottom line for most financial issues that plague national, state, and local economies is to cut spending. Nearly every small business owner understands this. You can’t spend more money than you take in.
What are your thoughts? Are overpaid fat cats killing America? What do you think the future of America is with our inability to reduce national debt, state debt, and local debt?
Wondering what the national debt looks like these days: National Debt Clock
Fact: China holds more than $502 billion in U.S. treasuries. – How scary is that?
Where has sound leadership gone? What would our founding fathers think or say if they could see the state of our national economy?
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