Friday, July 29, 2011

Can our congress agree on anything?

Today I am going to go on a little rant about something that concern all of us and that is the mess going on over our debt.

Now, I am not an economist but I do know a little about budgets and credit. Many of us wish that we could just wave a wand and give ourselves a new cap on our credit cards when they are getting close to being maxed out but unless your the federal government you can't do that. The sad thing is when our credit cards are maxed it only affects our family but when the federal government maxes out it affect everyone in the country.

Some of you might think it doesn't concern me but you would be wrong. If the congress doesn't come up with a solution it could mean that some people that depend on the government for their pay might not get it and in turn that can affect business that depend on those people to buy their merchandise and just keeps us in a downward spiral.

I am not going to claim there is an easy solution but they need to find a common starting place. This arguing about spending cuts, raising taxes and who is to blame for this mess in the first place has to stop. The truth about who is to blame is all of us and I don't mean just the people in congress. So, there is plenty of blame what we need is some positive thoughts and I am not sure if we have enough people in congress that know how to do that.

I heard some talk one time suggesting that the people in congress shouldn't get paid until they come up with a solution and that might just be a good start. I would say if there are cuts to be made they should start with cutting out all the perks they get and then go after the items that shouldn't be there in the first place, such as, subsides and close tax loop holes. Contrary to popular belief closing a loop hole isn't raising taxes no matter how many times we are told different. 

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