Monday, July 11, 2011

The Cost of Prosperity

Low taxes brought us prosperity, but also a huge debt. It's prosperity we can no longer afford.

But monied interests, like well-heeled corporate drug pushers, see change as bad for business. They tell us "Low taxes aren't the problem! Low taxes are the solution. Here, have another hit, ..er.., dose. It will make you feel better." Don't listen to them, or you'll be gently lulled back to sleep, only to be awakened when they eliminate your job to protect the stock market that you thought was your friend.

To paraphrase Ecclesiastes: "There is a season for every purpose under heaven...a time to borrow from future generations, and a time to start paying back the debt." We've reached the time to start paying back what we've borrowed. It will be tough, but we can do it. We have to. We owe it to our children.

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