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The Fall of the American dream

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By Special to The Sun


During the last three or four months we continue to hear about how things are getting better.

The focus has been on the need for more government spending.
Politicians are forever quoting moral values, theological concepts, as if they are the only ones who understand the true meaning.
Unfortunately, we are being led down a path from which there may be no return.
From this view point, we, as citizens, are not getting the truth and we are forgetting about the real problem we are facing.
Our national debt at this time is approximately $15.3 trillion.
Sixty-five percent is allocated to mandatory spending, which only leaves 35 percent to be spent on other projects.
With the projected budget for fiscal year 2012-2013, our government will be adding another $1.4 trillion to the national debt this fiscal year.
The American people are being told the future savings over the next 10 years will amount to $4 trillion.
What many are failing to discuss is that most of  these savings result from cutting future increases.
Economists and people skilled in budgeting will tell you that during the next 10 years the government is planning on spending an additional $9 trillion dollars.
The net result is that we may be adding an additional $5 trillion to the deficit.
I believe that the biggest threat to helping the poor, the middle class and the elderly is the debt itself.
Under our present debt level, every man, woman and child in the United States is approximately $50,000 in debt.
It is estimated that in the next two years this figure will increase to $80,000 per citizen.
It is obvious that we as a nation, along with our politicians, do not want to cut spending.
We all fall into the trap of as long as it is not our money directly going out of our own accounts, paychecks or savings, then it is fine.
We continually like to spend someone else’s money.
State governments, city governments and anyone else continually look to the federal government for these resources.
Regardless of how you look at it, the money comes from each and every one of us.
We have a tendency to want to fix the symptoms and never look at the problem.
The system approach to management teaches that everything works within a system and when one part is changed there will be an affect somewhere else in the system.
Take the extension of the payroll tax cut.
We are taking $100 billion out of the Social Security trust fund and adding $100 billion to the already unsustainable national debt.
If we are going to fix this problem, we need to attack it from many different sources.
If we continue to ignore the problem, then we have to accept the consequences.
All that we need to do is to look at Europe, especially Greece, which is facing monumental social and economic problems.
For those who want to look ahead, we could be facing the same fate in the very near future.
As our federal programs continue to grow and spending continues to increase, we will reach a point of no return.
Unemployment decreased to 8.3 percent last month, and at the same time the number of people who have quit looking for work and are not counted has risen.
Taking this into account, the unemployment figure is closer to 18 percent.
Remember the old saying, ‘Figures don’t lie, but figurers do.’
We all need to go back to one of the central beliefs of our forefathers who never bought anything unless they could pay for it.
Borrowing our way out of debt has never worked in history, and is unlikely to work in the future.
We should not have ill feelings to those that make large sums of money as long as it is used in a proper and ethical manner.
I realize that not everyone is going to follow these basic premises, but many more follow this tenet than those that do not.
If we do not fix this problem soon, our children and grandchildren will be paying for us, and when they go to collect, there will be nothing left.
I, for one, am not against tax increases or a reduction in Social Security benefits or other benefits if it is allocated to reducing the federal deficit.
We, as individuals, government agencies, special taxing districts all have to accept one very basic concept.
If we cannot pay for it, don’t buy it, and do not ask someone else to pay for it.