More and more Americans owe more than they earn and add insult to injury by only paying the minimum to their borrowers which doesn't even cover the interest. Once upon a time, Americans were go getters and would analyze the risk to ensure that they could capitalize on their gain. When President Obama calls Americans lazy, those that think that they are entitled, aka "Occupy Wall Street" come to mind.
America has always had an addiction to cheap labor. Over the course of history, Americans have used Indians, slaves, newly arrived immigrants that did not know the language or culture to produce American made products. Now, technology allows for American products to be produced overseas since it is more cost effective. This is the norm while the average American works in a job that pays them below the market value or are under employed or have given up on finding work. Is the market value that Americans expect too high thus the reason that the top 1% are sending jobs overseas? Maybe Americans should become humble and meek and accept the opportunity not rely on a handout. Where is the imagination, creativity and innovation that made America the great country that was the benchmark that others measured themselves against?
In closing, debt is proof of greed. If is opposite of giving. Debt is emptying your future to fill up your present. Giving is emptying your present to fill up your future. For this Thanksgiving, I'm grateful for this opportunity to share this with you.
http://daniel-j-stone.blogspot.com (C) 2009-11
Thursday, November 24, 2011
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