The government is in a mess – too much debt and no clear direction regarding taxes for businesses and individuals. Without a clear definition of what to expect, uncertainty reigns supreme. Politicians from Congress seem caught up in being re-elected. That’s not a surprise.
The president is not running for re-election at the moment. (That will come soon, but, thankfully, we are still enjoying a respite from what seemed like the longest campaign ever.) He seems to be avoiding exercising leadership at all costs and is paralyzed by facts, doesn’t he?
Fact No. 1: The federal government has huge debts.
Fact No. 2: Taxes will have to be raised.
Fact No. 3: We are (hopefully) at the dismal end of a recession, but the country has high unemployment, and folks don’t have much money.