I have to give props to my friend Sara Johns over at
KOLO for posting this video from Tony Robbins. This is a great perspective on the national debt and how do we pay our national bills.
If you have any questions about the budget process monster or what these numbers mean in perspective - milions, billions, trillions - this is a great video. Again, for a guy who claims to be independent he sounds awful conservative when you use facts.
I know dreamland is fun, but really, can we continue the path we have set up for ourselves? While some olks say the debt is no big deal just pass it onto the kids, we are seeing what happens when local and state governments over leverage their budgets and the result is fewer services. Just like your credit card and home, it is great to have a way to not have to pay for everything all at once, but at some point your credit payments become too high and you can no longer use your income to pay for regular things because all your money goes to credit payments. Greece and Spain have been there, America isn't far behind. Think about it.
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