By The Falcon
In the last essay, entitled “THE STATE OF OUR FINANCES – SOME KITCHEN TABLE MATH” we took a look at the family finances, that is to say the state of U.S. Government finances. I know it’s not the sexiest topic in the world as the results of such a review are disturbing, unsettling, depressing and any other discouraging adjective you can think of. These are the kinds of feelings one often has when going over their own finances, which helps explain why we avoid the exercise and the painful truth that emerges for so long. Of course the problem with putting it off is that it makes a bad situation much worse than it otherwise would have been. As time passes and no changes in course are made, the opportunity to rescue the situation slips away.
Since ultimately the U.S. governments finances are the responsibility of “We the People” and since these finances seem to be running amok with our elected officials proving financially and economically incompetent, perhaps we need to weigh in on the matter, regardless of how painful. This essay, along with Part I were written in support of this process, to help “We the People” get a handle on the family finances and hopefully begin to develop some common sense notions of what needs to be done. Like pulling dead skin off of a burn victim, it is excruciatingly painful but necessary if you want to save the patient.