THE 42% SOLUTION
INSTEAD OF BEING CRITICAL OF CONGRESS, CAN WE LEARN FROM THEM?
Maybe we could apply “Congressional Problem Solving Solutions” in our own daily lives?
For every dollar our government now spends, forty two cents is borrowed. I like to think of it as the 42% solution.
Don’t have all the money you would like? No problem! Just do what Congress does. Want to spend $1000 this week but only have $580 available? Borrow the other $420!
Can you do this indefinitely? Sort of like paying your Visa bill with your Mastercard. Congress seems to believe its possible.
Just think what would happen if every one of us applied this “simple” 42% solution to our own lives. Get a calculator and do the math. We could run up some really big numbers fast! How long would it be before we were bankrupt? Just like Congress!
Congress is showing us that, for them, there is no “Day of Reckoning” (when the bills come due). They are content to let a future Congresss send the bills to our children and grandchildren.
Are we willing to leave a pile of debt to our family and future generations? If not, why to we keep voting for those who will leave our children a mountain of debt?
This is not a Republican vs Democrat issue. This is a very real question we must answer. If we want to get out of this hole, we must decide to stop digging. The debt clock is running and the debt is piling up as the hole gets deeper.
Something to think about…… Bob
