Federal & State Governments in Denial
Yes, most of us that have experienced a prosperous household for most of our adult live really to a major degree are in denial about the future economic prospers of the US economy. As long as there is a credit card or an equity line of credit to still spend money, we are delaying the unavoidable.
Well both federal and states are also in complete denial because as tax revenues have plunged across the nation, we have had US Postal rates increase by 2 cents. States have raised tolls on their bridges and expressways and other than most recently CA, no legislators or senators have voted in a salary pay cut!
End game is someone has to come clean and truly ring the alarm bells and we must all stop pretending that things will be back to normal by 2010!
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