I have listened to the expert’s advice on the economy and discovered the answer is quite simple really.
Rising health-care costs: set aside earnings in a private health-care plan.
Failing Social Security: set aside earnings in a private retirement plan.
Too much private debt: set aside earnings in a savings plan.
Shrinking personal income problem: set aside earnings in a market investment plan.
Troubled education system: set aside earnings for a private educational plan.
To avoid a recession: spend more of our earnings.
How can we do this you may ask? Just follow the example of our elected officials.
Refund some of your earnings to your employer (cutting taxes) and borrow the funds you need from China. I know it doesn’t sound right but it according to these experts it is the path to economic success for America.
James R. Talbott