I am thankful to live in this country. No other country in the history of the world has accomplished what the United States has in such a short amount of time. No other country is as generous as the United States. All because a few very brave men put their "lives, fortunes and sacred honor" on the line.
Right now we are in a "fight" for our financial life as a country. Politicians, whose only goal is to stay in power, have promised all things to all people, and now the american people, and their children and childrens children are stuck with trying to pay off their promises. Now we are trusting these same politicians to make the right decisions as to how to pay off this debt and put us on sound financial footing. Fool me once......
"I place economy among the first and most important virtues, and public debt as the greatest of dangers to be feared. To preserve our independence, we must not let our rulers load us with perpetual debt. If we run into such debts, we must be taxed in our meat and drink, in our necessities and in our comforts, in our labor and in our amusements. If we can prevent the government from wasting the labor of the people, under the pretense of caring for them, they will be happy." -Thomas Jefferson
On this Independence day, we have saddled future generations with enormous public debt. Most americans believe that our children will NOT have things as good as we do. This is the first time in our history this has been thought of future generations. I worry for our kids future myself. We are already taxed on our food and drink, necessities and comforts, our labor and amusements. What else is there? Higher taxes on these things? We can tax the "rich" at 100% and still not have enought to pay our deficit for one year. (the top 1% already pay 50% of the income taxes in our country. The top 10% pay 80%. I think they are already paying their fair share)
Raise the debt ceiling? Neither option will end well. Yes, and congress will continue to spend, plunging us deeper in debt, and trashing our nations credit standing. No, and deep cuts in all programs and services will need to be implemented, which will also cause pain for a lot of people.
As for me, I would rather have the pain now, so our children can enjoy liberty like we have, instead of being enslaved by crushing debt.
I do not have all the answers, but as I watch my son Jack playing on the floor in front of me, I pray that his generation will enjoy their liberty, and not have to ask us why we didn't solve the problem when we had the chance.
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