Buzz Lightyear’s Debt……To Infinity and Beyond
Debt. Everybody’s got it, nobody wants it. Students have it, governments have a lot of it, home owners, shopaholics, and so on…
How do you get your budget back on track? Better yet, how does the government get its spending in check? There’s self-help books, budget tracker apps, collection agencies with friendly reminders, and freezing your credit cards. Can a collection agency call the government, please?
How about sticking to a budget by having a monthly allotment for groceries and then adding up all your supermarket receipts at the end of the month. Try it – see what happens. It adds up quickly for my little family of three and that doesn’t include the quick trip to Chipotle. That’s a start, a weak start, but nonetheless a start in money management. Or what about ditching the credit cards and only paying in cash and if you have money left over at the end of the month, super, you’ve earned a little self-indulgence or a savings bond.
I’ve watched Suze Orman’s, “Can I Afford It?” segment. It can be hilarious when a caller wants to buy a Porsche Cayenne and they bring in only $1500 a month. (I too, would like a Porsche, but it’s not happening anytime soon and I’m certainly not calling Suze to tell me I’m financially-challenged). I like to have my financial ducks in a row and I like to see others making smart choices too.
So when I see on the news that our government is in debt up to its eyeballs, approximately, 16 TRILLION, and they want to raise the debt ceiling again, I feel snookered. How is surpassing the current ceiling going to solve the problem? It truly is kicking the can down the road to the next generation. If Congress can change the debt ceiling number it’s not really a ceiling, it’s the ceiling on the first floor of a high-rise building. Congress can just keep punching through each ceiling till they get to the roof of the skyscraper. This so-called debt ceiling that keeps being raised is concerning because where does it stop? When do they limit spending, when do entitlements get reformed, when does the Senate pass a budget?
It was April 2009. What does this month and year mean? This was the last time the Senate passed a budget. How do they get away with treating my tax money like it grows on trees when they don’t even have a budget. I’m sure they didn’t consider my hard work that went into my taxes for their spending projects. I didn’t get a thank you letter either.
I’d like to use my Visa for lavish trips to Tahiti, but there’s the potential to max it out. Instead, I’m stuck being a spendthrift wishing Visa would up my credit limit so I could spend more, more, more! Why doesn’t it work this way? If it works for the government, why I am restricted and the government isn’t? If I have to sunset a credit card, could someone please tell the government it’s time to sunset some of their programs? Look at this list, there’s got to be one they can close down to try to save some money.
Last week, I saw an article that says Governor Perry of Texas proposes returning surplus tax money to it’s taxpayers. Come again? Am I dreaming? Sign me up to be a Texan. Their governor has the right idea. THIS is how government should be run. Because the money is the citizens’ in the first place and if there’s any left over in their state budget, it doesn’t mean the state gets a shopping spree.
It’s time to stop looking at the government as a place where you can get things from. It’s time to realize they are broke as hell and it’s up to you to hold them accountable and tell them to stop spending so much. Suze- we have the Congress waiting on line 5 to see if they can afford it.