The First Step is Admitting You Have a Problem
This morning as I eagerly gulped down some much needed coffee and tried to read the Journal through my bleary eyes, I realized that I just might want to cut back on the caffeine. That got me thinking about how the first step is acknowledging the problem.
Apparently America is also acknowledging that it has an addiction that has historically fired the economy up like my morning fix, but we seem to now be in the dreaded 2pm crash. A recent Gallup poll shows that Americans are finally worried about the magnitude of the federal debt. We can only hope that this awareness translates into political pressure to curb spending and address both the current mountain of debt and the tsunami of unfunded liabilities racing towards us.
