
By Dave Patterson, Ramona
This is a wakeup call for everyone that assumes that our jobs and pensions are secure, and that we will be taken care of in our elder years. The fact is that our leadership has bankrupted the nation and we are mostly to blame because of our apathy.
Starting in 1990 I was waving the red flag regarding the National Debt, then $2,000 per capita. No one was worried because it was such a small percentage of gross domestic product (GDP), and besides Ronald Reagan had said, “Deficits don’t matter.”
The crooks and liars gave the green light to the banks and investment firms that proceeded to gamble our wealth and lose it. Now the debt is almost as large as the debt accumulated after WWII, and we have a government that is so big no one wants to deal with it. Our politicians have failed us and now they are saying that Social Security is on the chopping block. Like our other pensions, they have spent it all into oblivion.
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