Day after day decisions pile up. Some good. Some bad. Good decisions generally bring wealth, prosperity, satisfaction, and freedom. Bad decisions generally bring poverty, failure, discord, and captivity.
The U.S. national debt has now exceeded $39 trillion. That number is so large, and is growing so fast, that it’s nearly incomprehensible. Nonetheless, it will have a very real and direct impact on your savings and retirement. What’s more, your kids and grandkids will rue it.
Over many decades, Washington has been completely devoid of fiscal responsibility. Reckless spending has stolen the future from younger Americans. They will get to keep less of what they earn. In return, they will get less for the tax dollars they pay.
Moreover, because a greater percentage of their incomes will go to service the interest on past debts, instead of capital investment, they will be trapped in a slow growth or stagnating economy. As a result, younger Americans will have to make their way in an economy with fewer opportunities. Continue reading







