But I also look around and I see a resiliency and determination that I have never witnessed in my lifetime. People are tightening their budgets, living within their means and carefully identifying wants vs. needs. People are making careful financial decisions.
Yet, for the past three years, we have watched our government do the exact opposite. Why is it that our government has done everything except make fiscally responsible decisions? Why is it that our president is at the center of this effort?
Our government is borrowing unthinkable amounts of money and placing huge bets on very expensive and unproven programs. All with the hopes that it will somehow stimulate our economy. Our leaders are borrowing money that can never logistically be repaid.
I can't think of one scenario where this approach would work in one's personal life. It would be like watching a family max out every one of their credit cards boasting that excessive spending is justified because it will allow them to benefit from the credit card rewards program. Boasting that if they just spend enough, they will have enough credit card points for a free trip to Hawaii or a free vacation stay at a luxury hotel.
This kind of approach to one's financial situation would obviously be foolish and quite frankly, immoral.
I firmly believe that in every life situation, it is immoral to spend money that can never be repaid.
For three years, the US Government has tried to spend its way out of financial crisis. In just three years, trillions of dollars--$4 trillion to be exact--has been added to our national debt which now totals over $15 trillion dollars (US National Debt Clock).
Trillions of dollars has been borrowed to artificially stimulate our economy. Trillions has been spent in an effort to create jobs. Well, three years later, our unemployment is still above 8%. The housing market is still in disarray. Social welfare programs for the poor have nearly doubled since 2007. Furthermore, more than 2.6 million Americans have dropped out of the middle class and are now living below the poverty line. (CNN poverty rate index report).
This is what we got for $4 trillion dollars? Has this $4 trillion dollar bet been worth the results?
I would argue, no way.
Mitt Romney advocates that there is a better, more responsible and ethical way to approach our economic crisis. During his tenure as Governor and during his years in the private sector, Mitt Romney made fiscally responsible decisions. Over and over again, he balanced budgets, he trimmed excessive spending, he cut unnecessary and expensive programs, he eliminated waste. He eliminated debt. He made fiscally responsible decisions. He lifted financial burdens. He created jobs. He did it without raising taxes. He did it without borrowing money.
Time and again, his fiscally responsible efforts worked. They enabled profitability. They created stability.
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| Reuters Photo |
One of Mitt Romney's most powerful campaign slogans is, "We have a moral responsibility not to spend more than we take in." I couldn't agree more.
Today, President Obama is making his case for a second term. He is arguing that with time, he is "getting better." This president is asking us to continue to place a very expensive bet on a very uncertain future.
America deserves more.
We need a leader with a moral compass to lead us out of the worst financial crisis since the Great Depression. A leader who has experience making difficult financial decisions. A leader who is accountable with other people's money. A leader who believes in fiscal responsibility and accountability. A leader who has time and again, successfully made weak things stronger.
No more trillion dollar bets. America needs real solutions. America needs Mitt Romney.
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