The national debt is the largest it has ever been. I don't know how most people run their finances. The way I run mine is that if you don't have the money to pay for something, you don't put it on a credit card and hope that one day you win big at a casino so you can pay it off. I just don't buy it or I worked two or three jobs and paid cash for what I purchased.
I like the trend I see in America these days. Most people are saving more and paying off their credit cards and first and second mortgages. They are not using the equity in their homes like an ATM any longer. I beleive the reason for the equity not being used is that people are upside down in their homes now.
With that being said, How in the world can we afford another trillion dollars of debt? Our lawmakers need to take the same stance. I believe this is what the majority of people in this country want. However, our lawmakers continue to spend money like a drunk Marine on R&R in Bangkok. This is creating the perfect storm for those that have lost touch with the voters in their state and districts. It will be no surprise to me if they are ousted next election. I hope it's not too late by then.
This is not a Republican or Democrat issue..It's an American issue. The comments made about different ways to reform healthcare have been made on both sides of the polictical spectrum. It's my opnion that if we would open the competition by creating an insurance pool we may see a better value in the marketplace.
In the current market I will pay around $9500. for health, vision and dental insurance for just my wife next year. If I had access to an insurance pool, I'm sure I'd get it cheaper and pehaps a better quality product than I have now. This is where our lawmakers need to be. Looking for a way to create an environment through competition not taking over another industry and monopolizing the source.
Thanks for the discussion. It looks like our current poll numbers reflect what the polls are saying nationally.
Captain