Financial Freedom Of America-Five Things That Must Be Done
The subject of money and how to obtain the financial freedom of America and more importantly, the citizens, is one that is very complex. There are innumerable factors involved when it comes to the financial health of America. It seems debt reduction is on the mind of many politicians but somehow things are still getting worse. So how does America and her citizens obtain financial freedom?
Before we can discuss the particulars, it is important to first realize that it is possible. There was even a time in the not so distant past where this country was 100% debt free, can you imagine that? It’s hard to believe that we were free from any encumbrances of national debt when the debt is now in the trillions. The point is that if we did it once, we can get out of debt again.
Here are five things we must do if we intend to ever see this country get out of the red.
One: We must first admit there actually is a problem and that this problem is getting worse. Nothing will ever get fixed if we don’t believe it is really broken. This is not only a national problem but it carries over to a personal issue as well. Credit card debt is at an all time record high in this nation. The nation and its people are in a spending crisis that must be squelched.
Two: Stop the bleeding. We have to put on a financial tourniquet to stop the record bleeding or spending, if we want to even have a hope. The old system of big corporations in bed with politicians is killing this country and must be stopped.
Three: We must get serious about alternative fuels. You might be saying what does this have to do with the financial freedom of America, but it is a major factor. If one of the reasons the national debt is so high is war and one of the main reasons we always go to war is oil, then it stands to reason that we need to stop using oil. Some might say that the government may just find another reason to start wars and that may be so, but oil in its many forms is very expensive. We need to have cheaper alternatives, they may not be cheaper yet but they will be once more people get onboard.
Four: Do what works. There was a game-plan to get out of debt the first time; there are probably many things to be learned from that. Take what worked then and apply what can be applied to this situation. The problem isn’t so much about being able to do it as much as wanting to do it, so we as the people must make them want to do it.
Five: Fire the politicians: If the results aren’t there we need to fire the people responsible. You would be fired if you didn’t do your job so it stands to reason that they should as well. Where are the debt solutions? Where is the debt consolidation? Where are the results?
You might be asking yourself why the debt is so important in the first place. The answer is simple. The higher the debt, the less other people want to invest in us, and the less valuable the dollar becomes. Countries are less likely to loan America money and the ones who do will charge ever higher interest rates. This can only go on for so long; eventually we will end up like Russia, or one of the many other bankrupt countries.
There are many other issues with high national debt. The fact of the matter is that nothing is more important than the financial freedom of America if we want to continue to enjoy the great American lifestyle.
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