One of the best pieces of advice I was given early in my career was to live as if you did not just receive a raise.
It is the American way to spend the money that is available. While that is not the wisest thing to do sometimes that cannot be helped. Young families and individuals right out of college need their entire pay check just to make ends meet. Inevitably a person gets a raise and buys a new car or moves into a bigger house starting the cycle of overspending. Between the first raise and the second raise it is unlikely that the new car or the house is paid off, but the need for bigger and better escalates as the years go by.
Enter the New American way.
At some point the individual is no longer spending the money they are making but they are now spending credit on what they “will be making”. We are seeing now what happens when there is a job loss or a pay cut.
The government has been living beyond its means for a generation and they want more from the American people. But where will that money go? Will it be used to pay off the debt that we owe? Doubtful, the raise will be used for pet programs and social services under the guise of job creation and jumpstarting the economy.
Until we elect responsible officials to office any raise that we give will be spent to up the lifestyle of those in office.
organic - relating to a bodily organ, affecting the structure of the organism reflection - a thought, idea, or opinion formed as a result of meditation
Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts
Thursday, August 11, 2011
Tuesday, August 09, 2011
Free Free Free
Free healthcare for all
Free housing for single moms
Free education for college students
Free breakfast for kids
It may be “free” for the individual accepting the service but who really pays?
Taxpayers are stuck holding the bill for services that they may never use and the individual using the service get stuck in a cycle of “free” goods and services that they will never "break free".
People enrolled in the “free” service programs have to stay below yearly income, so there is no incentive to ever make more. We are raising a society of college educated young people who are going to continue to receive free social services under the guise of a helping hand up.
But at what point should people be held accountable for their own lives? There is a vast difference in helping someone get back on their feet and people living off of the system for generations.
So who is the real looser in the deal, the voluntary population of slaves that we as a country have created or the tax payer?
Who benefits from a population living off of social services? Simply: Individuals running for office promising those free services.
So is it FREE FOR US or FREE US?
Free housing for single moms
Free education for college students
Free breakfast for kids
It may be “free” for the individual accepting the service but who really pays?
Taxpayers are stuck holding the bill for services that they may never use and the individual using the service get stuck in a cycle of “free” goods and services that they will never "break free".
People enrolled in the “free” service programs have to stay below yearly income, so there is no incentive to ever make more. We are raising a society of college educated young people who are going to continue to receive free social services under the guise of a helping hand up.
But at what point should people be held accountable for their own lives? There is a vast difference in helping someone get back on their feet and people living off of the system for generations.
So who is the real looser in the deal, the voluntary population of slaves that we as a country have created or the tax payer?
Who benefits from a population living off of social services? Simply: Individuals running for office promising those free services.
So is it FREE FOR US or FREE US?
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