Framing the Dialogue

Posts Tagged ‘elected officials’

Funding Kerflufle

As TEA party, conservative (and even Andrew Cuomo) governors take swings at trying to prevent their states from bankruptcy all options to balance budgets are on the table. Unfortunately for many previously “favored” programs raising taxes in a crippled economy will not go over well with the voters and so axes are swinging toward their tax dollars or teat if you wish.

Use of Knowledge

So why does the average American accept economic policies that are bound to bankrupt this country?  Logic tells us in our personal lives tells us that if we spend way more than we make we incur debt.  Anyone who has ever had a loan or a credit card balance knows that there are interest charges on that debt which must be paid on a monthly basis.  When we still keep spending beyond our means our debt increases and so does our monthly payments which a greater percentage of goes to pay the interest on the debt.