We don’t like to talk about it, but our economy is weak, getting weaker and ultimately heading for life support. The Congressional Budget Office projects our federal debt will rise to 100% of GDP by 2020 (it was 36% in 2007). By 2037 the Social Security Board of Trustees predicts its funds will be completely exhausted (payments will exceed income in 2010). Federal Reserve Chairman Bernanke has stated multiple times that unless we take action, “We will have neither financial stability nor healthy economic growth.”
Yet our “political leaders” simply watch this train wreck happen while spending their time worrying more about Roger Clemens' use of steroids and hunting opportunities for sound bites as they seek reelection.
Paul Ryan, however, is in a close race for his seventh congressional term representing Milwaukee yet has actually provided a potential solution to our pending economic crisis.
Given his straight talk about our problems and offering potential solutions that include wiping out ObamaCare, reducing Social Security benefits, increasing retirement age and capping discretionary government spending, he does not stand a chance. Poor guy.
Currently only 14 fellow Republicans have endorsed his “Roadmap
for America’s Future”. Even with an overwhelming
Republican win in November, he’s too radical.
The NY Times even labeled him a “flimflam man.”
So, he may take a bullet, but hopefully he’ll put enough pressure on the system to bring forth alternative plans to address the real economic problems we face. Hopefully he can capture enough attention to put this debate where it belongs on a national stage.
The discussion must shift from what the future can support versus what we have now to what the future can support versus what a bankrupt federal government can provide…
It is time for you to get educated and involved in the conversation.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/20703/meet-americas-most-likely-congressman-to-take-a-bullet-and-save-your-economic-life "