I know some of this gets to be old hat, but unlike a large percentage of the populous I like the idea of a balanced budget (I'll give Clinton some credit here- he knew how to balance a budget- he even paid off a bit of the debt) but that seems oh so long ago. It sounds strange but there was a time where the government debated where they should put the money that was surplus. How far away we are from that. Further what happened? Bush drove me crazy with his excessive spending- much of it to fund a war nobody wants anything to do with now; but Mr. Obama spends like money appears the faster you spend it. In case you were curious:
So what does this mean? Well with interest rates where they are and spending like it is something has to give. Either more taxes (cap and trade is the first of these 'sneaky' taxes) or hyper inflation- which with this kind of deficit spending is possible. As soon as people stop buying our dollars look out....
Now I will put into practice what I think... we just agreed to buy a house
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