May 27, 2023
Many people think the United States is past the point of no return. When we look at the sheer number of dollars our federal government is spending every year and the fact that it looks like that spending has no chance of doing anything but increasing, it does seem hopeless. It seems like there is nothing we can do but barrel forward toward our inevitable collapse.
But that is not the case. The financial situation the United States is in is very fixable. There are a few simple changes that we could make or that Congress could make very easily that would result in little pain that would put us back on the path towards increasing our nation’s wealth rather than wasting it away as quickly as possible.
The reality is that there is no free lunch. There is always a tradeoff. You must always ask, “What is the cost? Because there is a very real cost to continuing the path that we are going on, which is ultimate financial collapse. There is a cost to fixing things, but the cost means a much greater return in the future.
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