My kids love the idea of a credit card. You walk into the store; you pick out what you want, slide your card, sign the screen or receipt and leave. In their minds you never have to pay for it. They don’t see the bill that comes 30 days later. They don’t understand that when I’m sitting at the computer I’m using bill pay to funnel money from checking or savings to the credit card. The concept just won’t click in their beautiful (but naive) minds.

The idiots in Washington apparently don’t get it either. The difference is that they’re not six years old, they’re not cute like my daughters and those idiots are elected to not spend us into bankruptcy. I understand that everyone has pet expenditures. Some items mean more to someone living in Pigsnuckle, Arkansas than they do to someone living in Intercourse, Pennsylvania. However, in the act of cutting budgets, not everyone can win. There always has to be a loser.

What I don’t understand is why some people can’t see the importance of trimming the budget. Maybe it’s the accounting side of me, but if my family had a budget of $100,000 and I made $75,000 I would be worried. How long could we sustain that? Not long with the amount of savings that we have. We certainly couldn’t borrow money for 50 years without making changes.

So, why do we expect the government to do it? Where do we expect the money to come from? If they print more money, the currency just drops in value, so that does us no good. If we borrow more money from China we just incur more debt and have more interest to pay. No one likes it, but we have to trim spending significantly. I’m thrilled that the parties and the president have been able to come up with an agreement, but this is just the start. Wait until government healthcare kicks in, do you really think the government is going to make money with it? I would be thrilled if we could break even with it, but that isn’t going to happen.

The economy is weak; many businesses are making less money which means they pay less taxes which means that the government is taking in less revenue. To better determine what that means to us, remember the formula:

Revenues – Expenses = Profit (or loss if negative)

Try not to freak on me, but this is not just a democrat/liberal/regressive problem. I read a few weeks ago that spending has not shrunk since 1955. I don’t know if revenues increased every one of those years, but I would doubt that we hit an increase every year. Why would any congress or any president think for a moment that it was OK to continue increasing spending every single year? Why do we want to build a ridiculous amount of debt to pass on to the next generation? Doesn’t anyone realize that there will be serious repercussions if we can’t fix this spending mess that we are in?

In a few months I will be turning 40. As I approach middle age, I naturally start to think about what kind of legacy I want to leave behind. I have been thinking about my career, my personal life and how I conduct myself on a daily basis. What will my kids remember about me when they’re 40, 50 or 60 years old? What will their lives be like? Will they have the same opportunities that I have had? Are we going to hit another massive depression? If we don’t begin to act responsibly with our money, I think a very bad recession or even a depression is very likely.

Let my ADD kick in for a moment on another budget related item. Have you seen the article about free cell phones in Pennsylvania? Yes, there is now public aid so that people can have a free cell phone and 250 minutes each month because it’s a civil right. It’s paid for by the Universal Service Fund that is included on your cell phone bill each month. It’s yet another example of people latching on to the community tit, sucking it dry and you’re paying for it.

The time for fiscal responsibility is now. Demand it. That being said, all you’re going to hear is how bad the conservatives are for wanting to cut program costs. Those damn conservatives have no heart. They take advantage of people and don’t want to help anyone out. Well, truth be told, we’re just trying to live within our means. Obviously, we have a problem with that in this country and it’s time for everyone to learn what it means.



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Squeaky is a member of The Political Observers, a sub-group of our writers who are devoted to topics that are political in nature. Squeaky provides a conservative viewpoint in his articles.

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