Yes i do agree that we do need to save more and consume less. Were are in an economic problem right now and as a Nation we need to help fix it. We have been getting deeper and deeper into debt over the years and its time that we make a change. I like how Zakaria thinks that this problem is somthing that can help us become more stronger as a Nation. He thinks that since we have to make a change now, in the long run it will pay off. Help us become more independent and stronger.
As a nation we have always spent more then we have.We buy more than we make.And now we are so far into debt ( $10.2 trillion), the National Debt Clock in New York city ran out of space to display the figures. So the resolution? They said they will purchase a new clock. Thats ridiculous. So instead of trying to fix the problem, there just going to buy a new clock.
Monday, October 13, 2008
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