Friday, February 01, 2008
Subject: Why are we doing this to our children: Why is everyone so worried about a recession? In the last five years of our economic boom, there has been a troubling rise in the number of people who are extremely self-involved, greedy, ungrateful and who feel a sense of entitlement never before seen in this country. Maybe a recession will bring us back together as Americans and teach us to appreciate what we have. It's worth a try. I say let the receding begin. My wife's grandchildren, ages 9 and 13, don't understand that they will have to pay for the state budget deficit, even though the schools are inadequate and the parks are being closed. They don't understand that they will have to pay for the federal budget deficit, or that the federal government lives just like a family -- a family that has an average credit card debt of about $8,000. They don't understand that they are going to have to pay for the stimulus program of $150 billion in "targeted" tax cuts, which I plan to use to pay for a trip my wife and I were going to take anyway. Someday they will understand, and they will curse us for having put their future in jeopardy. I am waiting for my elected officials to tell them that we are foisting this burden on them and that they have no say in the matter. We don't need tax cuts and rebates nearly as much as we need responsible leaders with the courage to stand up for fiscal responsibility in a way that protects basic services. Brian
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