We are nearly $16 trillion in debt and racing toward America's bankruptcy if something isn't done to stop the spending. With the price of oil moving steadily upward, the price of most everything else we use has gone up as well because those high oil prices are passed onto the consumer, putting even more pressure on the fragile economic mess we're in.
It is jobs, the economy and housing that needs to be brought to the forefront of the discussion.
If anything is going to be accomplished near term. With roughly another one million homes going into various stages of foreclosure, this year it's apparent that the path we're on is leading to financial disaster.
European is in a worse economic situation than we are. With Norway's austerity talks collapsing, Greece in riots, Italy's economy being squeezed and Spain in near financial meltdown, what happens in Europe will happen here, not to mention the Middle East in near crisis.
The short-term fix in this recession is to overturn Obamacare, reform Social Security and Medicare for the next generation paying into it. Stop the spending. No more bailouts and no more stimulus.
This can be stopped and our economy fixed, but it has to start soon, because later will be too late.
Benjamin C. Cook, Kennewick