There's no mistaking the dissatisfaction many Americans are feeling today toward government-managed anything.
Much of that discontent stems from the perception that the political establishment in Washington, from the White House on down, is nothing more than a self-serving clique that looks only after its own. To many of us it seems that virtually every piece of legislation originating at the federal level seems written primarily to reward its authors rather than American society in general.
The fact that all such legislation is paid for with taxpayers' money just serves to add insult to injury.
Even so, this dissatisfaction isn't stopping Congress from adding trillions of dollars in additional spending to an already staggering national debt as it continues to spend with abandon.
What this portends for the average American is that taxes are almost certain to go up and the purchasing power of our dollars will continue to shrink thanks to inflation. The economy's swan dive these past few years has affected virtually every sector of industry from real estate to high tech to the arts to sandwich-making. Everyone is feeling the impact right now. Not a very positive thought, is it?
The good news is that the right financial strategies enable you to shore up your position financially by creating your own economic stimulus program. The goal here is to take action to save ourselves, because big government stimulus packages can't.
It's important to remember that recessions are nothing new. The economy regularly goes up and down as part of the boom/bust cycle. Our country has weathered at least 5 major recessions in the past 30 years alone and, on the average; we go through these cycles about every 8 years.
Occasionally the cycle will last a bit longer, such as the one we went through between 1990 and 2002. And sometimes the cycle is a shorter run, like the one we experienced between 2001 and 2008.
While many financial strategists caution against intervention, Congress nearly always chooses instead to try to spend the country's way out of a recession. Try as they might, they never seem to succeed. More often, the results seen in response to increased government spending are short-lived at best and ultimately add to the nation's already towering debt.
The federal financial intervention can be likened to chugging a highly caffeinated energy drink. The effects provide only a short-term benefit and are inevitably followed by a much harder crash when they ultimately wear off.
When we observe a slight spike in home sales, or a minor drop in interest rates or an uptick in car sales, those are merely the short-term effects of the government's intervention. The long-term effects have yet to be seen because we're operating on what amounts to an economic caffeine and sugar high.
The best advice to consider at this moment is to stop waiting for the government to rescue you. Learn to perform your own Creative Practical Recovery (CPR) by identifying your own individual economic stimulus package.
Learn how to protect yourself, your family and your future. Develop the Missed Fortune [http://www.squidoo.com/missedfortune] skills to thrive no matter what economic storm might be bringing others down. And work with others to create meaningful change at the government level.
Much of that discontent stems from the perception that the political establishment in Washington, from the White House on down, is nothing more than a self-serving clique that looks only after its own. To many of us it seems that virtually every piece of legislation originating at the federal level seems written primarily to reward its authors rather than American society in general.
The fact that all such legislation is paid for with taxpayers' money just serves to add insult to injury.
Even so, this dissatisfaction isn't stopping Congress from adding trillions of dollars in additional spending to an already staggering national debt as it continues to spend with abandon.
What this portends for the average American is that taxes are almost certain to go up and the purchasing power of our dollars will continue to shrink thanks to inflation. The economy's swan dive these past few years has affected virtually every sector of industry from real estate to high tech to the arts to sandwich-making. Everyone is feeling the impact right now. Not a very positive thought, is it?
The good news is that the right financial strategies enable you to shore up your position financially by creating your own economic stimulus program. The goal here is to take action to save ourselves, because big government stimulus packages can't.
It's important to remember that recessions are nothing new. The economy regularly goes up and down as part of the boom/bust cycle. Our country has weathered at least 5 major recessions in the past 30 years alone and, on the average; we go through these cycles about every 8 years.
Occasionally the cycle will last a bit longer, such as the one we went through between 1990 and 2002. And sometimes the cycle is a shorter run, like the one we experienced between 2001 and 2008.
While many financial strategists caution against intervention, Congress nearly always chooses instead to try to spend the country's way out of a recession. Try as they might, they never seem to succeed. More often, the results seen in response to increased government spending are short-lived at best and ultimately add to the nation's already towering debt.
The federal financial intervention can be likened to chugging a highly caffeinated energy drink. The effects provide only a short-term benefit and are inevitably followed by a much harder crash when they ultimately wear off.
When we observe a slight spike in home sales, or a minor drop in interest rates or an uptick in car sales, those are merely the short-term effects of the government's intervention. The long-term effects have yet to be seen because we're operating on what amounts to an economic caffeine and sugar high.
The best advice to consider at this moment is to stop waiting for the government to rescue you. Learn to perform your own Creative Practical Recovery (CPR) by identifying your own individual economic stimulus package.
Learn how to protect yourself, your family and your future. Develop the Missed Fortune [http://www.squidoo.com/missedfortune] skills to thrive no matter what economic storm might be bringing others down. And work with others to create meaningful change at the government level.