Thursday, September 23, 2010

Answer to Debt Woes Eludes Cities, States - WSJ.com

WHAT WILL GET US TO THE FOURTH INNING?: Answer to Debt Woes Eludes Cities, States - WSJ.com: "- Sent using Google Toolbar"

Clearly, the inability to consider, let alone act on programs that will be necessary in the long run, lead one to believe that we are owning in the 3rd inning of getting our economy to get back into a leadership and growing role.

Something needs to awaken the public to the fact that blaming the Chinese for what we have failed to do ourselves is a red herring.

Clearly also, the administration can't understand why one more credit card to the middle class won't get the economy growing. The administration seems to be blissfully ignorant of the fact that credit cards aren't income and that more buying power with constraints on business growth and investment seem contradictory.

But, then again, the 'world of entitlement' is one of give-me not let me earn and choose it myself.

What will move us to the fourth inning?

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