The National Inflation Association (NIA) (We have one of those?) reports,
"Even if all US citizens were taxed on 100% of their income the US government could still not balance the budget, without borrowing more money from abroad. We are rapidly reaching the point where the government cannot afford to pay even the interest on the debt."
The reason for posting this is that we have just passed 14 Trillion in debt in this nation. That means that every person living in this country, legally or otherwise needs to cough up about $45,207.77. It will be higher by the time you finish reading this, so you better write that cheque now.
The Fact is that if any of us ran our business this way, we would be arrested or told to stay home. The new congress takes over today, but they represent the rungs on a ladder att the very bottom of a deep well......and the White House holds one rail and the Senate holds the other. The problem with this scenario is that nothing will get done. That may be the best thing for our nation, but we will not begin to climb out of the whole and that means it still has a great chance of collapsing upon us.
The ONLY chance for us, as the small business man and woman is to take a stand....call your state senator and demand that they use Common sense. Give them the quote above and tell them that you no longer believe that they are allowed to spend a single dime.
The men who formed this nation pledged their lives and fortunes for us....I am only asking for a phone call.
Hurry up...You now owe $45,207.85. (For my family of five, that is $226,039.25)