If you are like most people you have had a period of your life where you were spending more than you should. You needed to make serious adjustments…perhaps take out a loan, cut up credit cards or even some sort of credit or settlement arrangement. This type of situation can be stressful. Stressful on yourself; on your spouse or partner; on the kids; on the paper boy that you duck to not pay the $5…and the calls – from the phone, cable, power, car and credit card companies.
Welcome to President Obama’s world. He has bills to pay, but not the authorization to pay them. In fact, it is entirely possible that he will be forced to live with a prior deal to increase taxes, cut spending and still have to borrow money as the Federal government will still be in a deficit position.
That is not a pleasant reality. It is not what President Obama’s platform was for his second term but American government has checks and balances built into its system and clearly all of America does not agree with the current administration’s system.
Sure, Obama won a clear majority in the electoral college and 51% of the popular votes and increased Democratic control of the Senate. That being said, the Republican candidate ran what is considered a pretty bad campaign and got close to victory – but he could not get the non Obama vote out. Remember while we heard reports that voting turnout was up, it was still very much below 70%. So 50% of 70% equals 35%….that means that 2/3 of the American population that could have voted for President Obama did not.
Does that mean that we are attacking the legitimacy of President Obama? NO. This argument could be made against many if not most of the recent past Presidents. The difference is that the successful ones were able to reach across party politics to build a consensus and a platform that was doable.
The Fiscal Cliff is bad. No Fiscal “Avalanche” may be worse.
Think about it, how long can the America keep running near trillion dollar deficits without a Fiscal Shakeup of major proportions occurring? Whether there is a deal to avert the Fiscal Cliff for today that does not solve the problem for tomorrow.
The Fiscal Cliff is not something that you should lose sleep over. It will bring change. People are scared of change but if you use the WaRM technique you can avoid a lot of the pain.
You need to have your goals. Hopefully that includes a business for yourself so that you can better control your destiny – whether it is full or part time. Remember to be effective your goals need to be:
We wish to wish all of you a Happy New Year and hope you visit again for some of our ideas on how to build the bridges that President Obama needs to build to get America going again!
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