If the federal government could not print money, they would cut their ridiculous spending. On the other hand, state and local entities are finally feeling the need to prune their overgrown landscapes resulting from their own out-of-control expenditures.
Governor Daniels has sent down the order for higher education to cut $300 million. Franklin Township Schools need to trim $8 million. Center Grove Schools are threatening to eliminate music and art from their curriculum much like the sad sack IPS did last year. I have news for you. The party is over.
We can no longer borrow our way to a better way of living. The bill has come due and everyone wants a bailout. Sorry, you need to be a Wall Street banker with "connections" to get another chance at fiscal responsibility. We, finally, have to live within our means. It won't be so bad. I remember my mother telling me that the Great Depression wasn't really all that bad. She told me..."Everyone was in the same boat. No one had anything".
I still remember her telling me that you only feel left out when someone else has something you think you need. In her case, everyone was without, but they had each other. And, her family, in spite of an occasional squabble, continues to meet every year since about 1920 to talk about never needing anything except each other.
