Thursday, January 24, 2008

Money for Everyone

In a rush-and bipartisan-effort to keep the economy from sliding into recession, the government is going to reach deep into its pockets and send checks to well over 100 million homes by July of this year. At present, working singles will receive about $600 and married couples $1,200. Sure, getting cash into the hands of spending-crazed capitalists sounds pretty good, but Uncle Sam's new deal might turn out to be more bitter than sweet. When one considers both national and personal debt, it is easy to deduce that Americans have a hard time saving. It is a sad reality that many American families are only one paycheck away from financial ruin. Does this seem like a good trade-off for the latest in gadgets, gizmos and accessories? I hardly think so. Eventually, the credit cards will max out, interest rates will soar and the 52" plasma we just couldn't live without will become a bouquet of flowers at our financial funeral. So what do we do with Uncle Sam's allowance? Well, I propose we do something that is rivaled only by putting a man on the moon and getting overly processed cheddar cheese into a can--SAVE. Now, I know this is exactly what the government doesn't want us to do, as the whole idea is to pump the money back into the economy in order to raise Wal Mart's bottom line; but if we are ever going to mend the financial fabric of this country, we must use more than a band-aid to dress a wound that needs surgery. It's called personal responsibility, and that's something money can't buy. Good day.

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