Animal Crackers

Animal Crackers

Tuesday, July 13, 2010

Finiancial Recovery

I have been hearing for the last couple of days about how the credit crunch has been hurting business and especially small business. I am really now surprised. I can see this from the individual family to the state and federal government. Maybe not the federal since they have no legal limits or restraint or discipline about spending. The states are at least required to have a balanced budget. I do not think easing the credit markets will totally help since easy credit got us into this mess to begin with. The real rub about this is that I do not think the economy is going to get better until we get the debt monkey off our back and really we have dollars that we have not borrowed to spend. Borrowing money will shoot money in for the short term but will have the negative of needing to be paid back. This is aimed at everyone from the individual family to our ever so fiscally responsible federal government. ( I hope you saw the sarcasm).

Times are tough but it is time to suck it up and start paddling our way out of it, There is a light at the end of the tunnel but we need to want to get out of the darn thing. Just one person's never to be humble opinion.

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