Bailing Out America: Reflections From the Middle Class
Article Tools
-
1
Liked it
Subscribe to RSS
Last time I checked, the United States was in debt more than 10.5 trillion dollars. That’s quite a bit of money. Every day we rack up another 3.5 billion in national debt. What are we doing with all that money?
We have mortgaged the future of our children so that a few corporate CEO’s could collect their annual kickbacks. The issues are always more complex than that, but sometimes the complexity is just a distraction from the stark simplicity of dishonest business practices.
Why?
Why is our system so corrupt that it can practice bad business so long and then, when exposed, cover it up with a bailout? Somebody’s hands are so deep in the pockets of those in power, that the disconnection between American middle class standards and the wealthy have been long forgotten.
The margin of gap between the have’s and the have not’s is increasing with determined speed.
What?
What can be done about this? Everyone has heard that each household in the United States could have received over $100,000 instead of bailing out the corporations. What would I do with that much money? Spend it on cool stuff! Sure would help the stores that are rolling out their second black Friday event.
When?
When will we ever be content with less than what we can actually afford? Never. The American dream is to have more than we need and if we can’t buy it now, then borrow the money so you can have it now. In a society with such a winning game plan, it’s no wonder that we are continually indebting ourselves.
Where?
Where else can you live and experience the freedoms of the U.S.? No, seriously, I want to know!
How?
How are we ever going to pay all of that money back? Relax, if each of our 300,000,000 citizens paid an extra $35,000 this year, the debt would be wiped out completely. Nice!
Nobody asked my opinion about the bailout strategy, but after brief deliberation I would have said that it wasn’t the best long-term solution. That was before I was offered $25k just to change my mind.










