I like Dave Ramsey.
I was listening to his show while driving the other day. He was doing one of his top of the hour monologs.
He started by telling the tale of an average American family – Joe Q. Public and his lovely bride We The People. Dave pointed out that these folks make less than $60,000 each year but they add nearly $70,000 in credit card debt annually. I was driving and couldn’t write notes on the show, so I don’t really have exact numbers here, but you get the point. This is the Federal Government’s fiscal plan broke down to the household level.
If you have any sense at all you know this just can’t work.
Dave went on to give a quick look at what it will take to fix this mess. It ain’t going to be easy.
According to Dave Ramsey you can shut down every single thing the Federal Government does but Social Security, Medicare and Medicaid and you wouldn’t be able to balance the budget.
That’s a staggering thought.
All the politicians are scared spitless to even suggest touching any of these “entitlement” programs. Many of them, mostly Democrats, promise to grow them, Obamacare being a prime example.
There’s no way this can continue. The organic matter will hit the fan.
The entitlements will have to change. Change big.
So, do you still want to depend on these programs for your support in retirement?