] We as a nation are living beyond our means. The federal
] government is in debt. Most state and local governments
] are in debt (their form of deficit spending is to issue
] bonds). Most assuredly the American consumer is
] dangerously in debt. And, finally, the American dollar is
] losing its purchasing power steadily and daily. Remember,
] debt is the promise of future income to pay for today's
] consumption. Nobody is guaranteed a future, much less
] future income. [ Yeah, we're all in rough shape. For myself, I've made it my goal to get out of debt, ideally in under a year. I'm about 24k in, which isn't so bad compared to many, but i feel like i'd be a lot happier if i didn't have this shit to think about. If only the government was as simple. -k] |
