Happy New Year or Is It!
The stock market has already lost several hundred points this first week in January and futures this morning indicate that it is headed for another triple figure loss today. Could it be because the world is on fire as some suggest or because the economy in China has hit the skids or maybe it’s because people in this country are so distraught over the inability of our government to accomplish anything positive. Many see the upcoming fall elections as a battle of losers in a futile attempt to replace an inept administration and a do-nothing congress. The likely candidates for President, Hilary Clinton and Donald Trump, hardly instill optimism. The mood of the nation seems to be at an all-time low. So what’s there to be happy about?
In my opinion, and it is strictly my own opinion, we need an optimistic new face on the scene, a person who projects a bright future for our country and improving prospects for the world to change focus from killing and violence to compassion and good will to all. In addition, we need that person’s optimism to be infectious, so infectious in fact that it has the ability to truly change the world.
I worry about our nation’s unsustainable $20 trillion national debt. That’s nearly $700,000 per U.S. citizen at a time when the percentage of people with jobs is near a record low. How many families of four could come up with nearly $3 million to cover that enormous debt? Our nation’s economy is at the brink of total collapse if those holding our debt decide to call it in. We need serious fiscal reform and all the politicians talk about, if they talk about it al all, is reducing the deficit, i.e., the rate at which our debt is increasing. I’ve heard no politician suggest that we need to begin paying down the debt.
Our border situation is a disgrace as illegals continue to pour in, many with illegal drugs to sell or intentions to commit acts of terrorism. At the same time our government, inexplicably, bends over backwards to offer these outlaws financial benefits. Meanwhile, our president continues to increase our vulnerability to foreign aggression by degrading our military.
Some of our largest cities are essentially war zones with almost daily shootings and other violence taking place in poor neighborhoods. A burgeoning culture of government entitlements has only made matters worse for the poor. This ploy for power by the political elite is a cruel misuse of human lives who truly need direction to the path of self reliance. They mainly need vocational training, discipline and jobs which can only be provided by a robust private sector.
Why is it that so many still fall for the hollow promises of socialism and communism when it’s been seen time after time that these policies fail while free market capitalism, although not perfect, yields economic growth and a better life for nearly all. Just compare life in North and South Korea to see the difference.
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