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debt ceiling

I know I should write about audio since I live and breathe it but I’ve been distracted by the news.  In two weeks the US could find itself unable to pay all its bills.  Why? Because the Congress refuses to raise the debt ceiling if the president insists on raising taxes as part of any agreement.  We can debate what lead us into this predicament but there is little debate in my mind as to how to get out of it.  We have to cut costs and raise taxes-that means everybody has to tighten the belt more than they want to.  As a business owner, I am a capitalist and interested in making a lot of money but at the same time I understand our country is in a financial crisis.  While I would not be happy to pay more, I don’t believe it’s right to improve our country’s balance sheet solely on the backs of the poor.  Don’t the wealthy want to pitch in and help our country in its time of great need?  Some do, I know that.  But with an annual deficit estimate at 1.5 trillion, everyone has to help, including those at the top of the food chain, otherwise we are just delaying the inevitable bankruptcy.

As JFK so eloquently put it more than a generation ago, “Ask not what your country can do for you, ask what you can do for your country”.

So quit your bellyaching, raise taxes and help this country get out of this mess.