Today is Labor Day. And today we have an enormous amount of debt. Thus our labor for many, many more years and the labor of our children, grandchildren, great grandchildren and for those who have yet to be born will continue to pay for our country's and state's debt. Because of excessive governmental spending, American's productive labor will be taxed at all time high rates to help fuel this debacle. Government at all levels does not have the ability to live within its means like the American family must. As can be seen by the horrific Connecticut do nothing budget which has massive debt and borrowing along with higher taxes, our labor will continue to become unproductive as it continues to be taxed more. The same can be viewed at the Federal level with a climbing $11 trillion dollar national debt. My question to our elite, economically illeterate politicians is how are we going to pay all of this debt back? At what cost to our economy? And why must you spend so much?
We need fiscal repsonsibility at all levels of government. Politically and economically, 2010 can not happen soon enough.