Looking for Answers

As I read the news these days and see how the financial difficulties are creating havoc in the lives of businesses and people throughout the nation I cannot help but wonder about some things-

This nation endured a great economic depression just 60 years ago. There are still some people living who can remember it. Why did we not learn any lessons from it?

Why did we decide it was alright for the government to plunge itself deeper in debt every day with no plan for or prospect of ever paying this debt back?

Who came up with the plan that we could get government for nothing?

Why did ordinary people decide it was alright to go ever deeper into debt without any credible plan to pay it all back?

Why did people buy houses they could not afford?

Why should the taxpayer now bail out the businesses that were reckless and greedy and the ordinary people who were just as reckless and greedy?

Whatever happened to the wisdom of thrift, frugality, saving and planning for the future?

Have we yet learned anything from this?

It would be easy to say that the answer to all of this is simply greed. In large part that may well be true. However I suggest it is more than that.

So what do we do about it? How do we conduct business, government and our lives differently in the future (since we have no control over the past) to avoid repeating these terrible errors?

Wishing you Success and Prosperity,

Daniel R. Murphy

Wishing you well,

Daniel R. Murphy
Educating people for building wealth, adapting to a changing future and personal development.