Showing posts with label national debt. Show all posts
Showing posts with label national debt. Show all posts
Thursday, July 14, 2011
Note to Congress: Sacred Cows? The herd needs thinning!
When it comes to sacred cows, the herd needs thinning. It is time to get down to business and get our financial act together. How long can we go on spending more than we earn. This applies to us as citizens, and it applies to the government. We can't stay in denial about this. We have some momentum. Let's keep the pressure on in Washington to fix our national debt problem. And don't forget, this applies to us the same. If you are spending too much...STOP IT! :)
Tuesday, May 17, 2011
Dave Ramsey: You have to fire these people!
Dave Ramsey, unimpressed by the so-called "deep cuts" proposed by Congress, explains it in terms of our personal debt - something most of us can relate to:
“As a direct ratio, we make $58,000 a year, we’re spending $75,000 per year, and we’re proposing “big cuts” to $72,000 a year.” ~ Dave Ramsey
Ramsey says it took us from 1776 to 2008 to get to $9 trillion. From 2008 to present we have added $4 trillion!
This is more than a trillion dollars per year of debt slide.
More from Dave Ramsey (audio).
Ramsey says "This is cause for a political revolution". He says Republicans and Democrats have both got us into this situation and we need to act in a bipartisan manner to fix it. As he put it:
"You have to fire these people."
“As a direct ratio, we make $58,000 a year, we’re spending $75,000 per year, and we’re proposing “big cuts” to $72,000 a year.” ~ Dave Ramsey
Ramsey says it took us from 1776 to 2008 to get to $9 trillion. From 2008 to present we have added $4 trillion!
This is more than a trillion dollars per year of debt slide.
More from Dave Ramsey (audio).
Ramsey says "This is cause for a political revolution". He says Republicans and Democrats have both got us into this situation and we need to act in a bipartisan manner to fix it. As he put it:
"You have to fire these people."
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