May 7, 2010 |
The United States faces a fiscal crisis unlike any we’ve seen before.
As president of the Free Congress Foundation, I believe Greece is showing us a disturbing preview of a national life in overwhelming debt. We owe ourselves every ounce of intellectual and civic energy we can spare to avoid the same outcome.
The fact that Greece, a country with a gross domestic product smaller than the state of Massachusetts, has created such anxiety and affected our own markets so painfully shows how seriously we must view the issue. Events this week show us that credible answers and solutions for America are not yet on the table. We see how little confidence people have that our leaders are seriously facing the looming dangers of increasing taxes, out-of-control spending and ballooning deficits.
The International Monetary Fund (IMF) and other nations are currently dictating to Greece how to govern itself. And Greece is now considering “austerity measures” that have prompted street riots. We are now on course for a destination that Greece has reached.
We can change course, but must do it smartly and quickly.
As it now stands, the imposition of unreasonable federal tax burdens to keep paying huge interest on enormous sums of borrowed money from China threaten our way of life and standard of living. Joe Scarborough, the conservative host of the public affairs show “Morning Joe” on MSNBC, has for days been communicating to Americans that our debt and out-of-control spending are the big emergencies facing our country.
So our nation’s most urgent task is to open an immediate, realistic and positive national conversation to generate practical solutions that most people of many political views can embrace. You can help us promote critically needed first steps in the marketplace of needed ideas by sharing your own thoughts with us.
Americans are smarter than their political leadership sometimes gives them credit for being. Americans are by nature can-do optimists. Like most Americans, I am too. I believe that practical solutions with genuine chances of legislative passage on a bi-partisan basis are identifiable and achievable. We are working night and day at FCF to develop a realistic agenda of positive answers and will soon be advocating a realistic plan.
We want to hear from you because we believe some of America’s best thought leadership resides with its people, as well as its intellectual institutions.
Let’s begin the discussion now. Let’s work together to bring positive, common sense solutions into the political conversation before the November election. Please share your thoughts by writing me or posting them with the Free Congress Foundation on our Facebook.
Let me thank you in advance for participating, and open our dialogue together by sharing three key thoughts: Americans know that genuine liberty is linked to our financial well-being and our ability to have financial independence.
Eliminate the ability to spend and invest in property? You eliminate freedom.
We should work now to get taxing, spending and deficits under firm control.
Thanks for writing. I will be in touch.