Tuesday, March 15, 2011

The Last Stage Is Acceptance

Many of the political-type writers online that I think make the most sense are saying that a financial collapse is coming for this country. I find their arguments, and the facts they use to make those arguments, persuasive. For one thing, there are several countries in Europe that are well ahead of us on the race to bankruptcy, and we're doing the same things they did. Meanwhile, we're piling up debt in our own country like a soon-to-be divorced woman using her husband's credit cards. What I'm coming to accept is that a lot of people in this country will refuse to see this until we are completely out of money. I don't know why I am surprised. People were making fun of Noah until those raindrops started falling. People were probably making fun of those who predicted bad things at the turn of last century (or so) when we started our slide towards socialism.

There are two things that bother me. One, is that we are very likely going to have to take this ride all the way to the bottom. There are just too many people who don't see impending disaster, who think we just have to "tax the rich" or raise taxes to make things all better. That bothers me because it will not only affect people my age, but my children, grandchildren, and possibly my great-grandchildren. I don't want that for them.

The other thing is, even if my little family manages to prepare adequately (and in this economy and with other difficulties we've had, it's questionable) it's going to be hard watching other people suffer. It's going to be a big shock and there's going to be a lot of unpleasant things to deal with. At least I have an idea that bad times are coming. Some people won't know until those first raindrops start falling.

1 comment:

Karen said...

Well stated. I've been concerned about this for a long time. It's such a shame that people don't understand simple economics and realize that the government can not pay for everyone's desires. All the huge government redistribution of wealth doesn't end poverty. Nor do the rich need to pay their "fair" share so everyone can have free health care, cell phones, etc.

Instead of being concerned that the government will not be able to meet its obligations, people want the government to pay for more and more "necessities". As a county, we cannot support the amount of spending the government is doing. I too fear for the consequences of greed and mismanagement.