All my life, so far, I’ve heard people comment, "(whatever) is going to happen, but I won’t live to see it." Here’s a dose of reality. Some of you will live to see the end result of a nation gone wild on spending more than we have. The "big show" this week about the fiscal cliff was nothing more than just another political move to further somebody in power to a higher level of authority. Perhaps you didn’t catch the fact that for every dollar cut, there is a $41 increase in taxes.
Is America so financially ignorant that the masses believe that taxing the rich more is going to solve all our problems? I regret to answer the question with the affirmative. And, it is not just the rich that will suffer. Small business is going to take a big time hit. Guess what happens when those owners get taxed? They pass the tax on to consumers or they go out of business. When small business fails, America fails.
It has been declared many times before, "You can’t tax yourself into prosperity." What is the solution? Well, it’s not to sit quietly and think there is nothing you can do. If every working person were to take five minutes to write, call, or email Washington and tell them we refuse to fall, there would be a change. Sooner or later, this will happen.
But, I won’t live to see it.
PMO
©2013
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