Tuesday, January 1, 2013

If you could change anything in today's world what would it be and why?

I’d change our political system, the one we have here in the US. It’s terribly broken. Some people say our country is the next Greece. Well, Greece can not possibly fix their financial problems without getting bailed out by another country, notably Germany.

But the US – we could fix all of our deficit problems, go from deficits of 9-10% of GDP to only 2% of GDP (that would put us at the bottom of the list of industrialized countries in that ratio). All by ourselves. The Bowles – Simpson bi-partisan deficit reduction recommendations would do it.

But our political system has devolved to the point where this country is paralyzed.

I think it’s a result of the non-stop scrutiny of 24 hour news channels. People tend to posture non-stop. Meanwhile, nothing gets accomplished.

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