This one picture just about says it all…doesn’t it?
However, if I were drawing it…I would have made of those little piglets sucking on the teat the “American Consumer”.
It has been our insaitiable appetite for cheap credit…cheap products and an even cheaper sense of what real value is that have allowed this crisis to be created.
Although it is very easy to blame the government (as most seem to like to do) it is actually the American public who is to blame for the private and public debt we are sinking in now..
Our problems are bigger than too much government spending (that is just the demagouge’s answer for what is wrong…it is much, much more complicated and troublesome than gov’t spending too much)
If we really want to fix our nation…we are gonna ALL have to change the way we live…and if we want to continue to have all of the stuff that we take for granted…we are going to have to pay for it…and not just expect to be able to get out instant gratification now and pay for it later.
What we are experiencing now…is the pain and suffering that befalls a nation when it has lived beyond it’s means for multiple generations….
But no one was laughing today... when the Pres gave us his take,,, the market really went into the TANK! http://www.digtriad.com/news/national/article/186360/175/President-Obama-US-Will-Always-Be-AAA-Country