When a Government grows out of control for years, it won't be easy or without resistance when its time to get things under control. Our U.S. Government has been expanding without the corresponding revenue base to support it. Payday someday is now.
When a private company spends more than it takes in, very quickly the management must determines the problem, makes minor or major adjustments as required to keep the company in business. If revenues reduce, expenses must reduce or the company will be forced out of business.
Our Government has for years been addressing this situation by printing new currency or issuing debt. This has been done year in and year out for years. With the Federal Debt balance of $14+ trillion, we are now at a point that adjusting this faulty financial model will not only be painful but will come with major resistance from many liberal sectors of our society.
It's time for fiscal conservatives to band together and demand that the right thing be done, even if it's unpopular with a small segment of society. If we don't we will end up on the ash heap of history as a country that didn't have the will to make the right and hard choices to sustain their way of life.
America has always responded to adverse circumstances with a strong resolve and a will to prosper.
It's time to fight this demon of debt while we still have time.
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Praying for a Miracle, Gary W. Phillips
