- Joined
- Sep 2, 2013
- Messages
- 218
I work for a govt. contractor (aerospace), but we're still in operation for now. I believe we have a few weeks worth of work in the queue before things start getting iffy for me. Regardless, I'm willing to allow this thing to be a detriment to my wealth now if it will make things easier for my children and their children after them. Speaking of children, we're in this mess because our so-called leaders have acted like children for quite a while now. The bottom line is that we can't keep spending more than we take in forever and very few of our politicians are willing to stand up and acknowledge the obvious. If this whole fiasco accomplishes nothing else, it might at least draw attention to the 800 lb gorilla in the room.
That makes a lot of sense aforsman. The one thing I have noticed is that everyone is talking about raising (or blocking the raising of) the debt ceiling....but nobody seems to be talking about fixing the reason the debt ceiling keeps needing to be raised in the first place. I'm guessing it's the same old story. No elected official seems to want to risk angering a ton of people by cutting funding to whatever programs they're on/interest them.
One of the premiers of the province of Alberta where I live (Ralph Klein) made some pretty harsh cuts when he got elected. He managed to not only pay off Alberta's debt, but built us a 15 billion dollar surplus-rainy day fund. Yea, there were some hard times for some who were on the government payroll, but he did what needed to be done. There have been 2 premiers since then, and they've both turned out to be complete train wrecks. They burnt through the "Heritage Fund" in no time and we're back in debt now. People still refer to Ralph as "Kind Ralph" and the usual comments are that they wish he was still leading our province. Even though he slashed a ton of social programs, most people loved the guy for what he did. Maybe other politicians should be taking note of what he did and applying it today.
Is there really any talk in the U.S. government of ever even trying to balance the books, or is it all about whether or not to raise the debt ceiling to cover the over-spending ? Is there even talk of ever starting to pay off some of the debt, or is that just too far out of the realm of possibility ?