Throughout the year there are important dates that we look forward to and those that we dread. April 15th, does anyone ever look forward to this date? I mean if you have to pay. By the way, if your not paying on April 15th, then you are paying too much in with-holding the rest of the year so you’re really not getting any money back, just getting the no-interest loan you gave to the government returned to you.
There is December 25th, we all look forward to that, unless it’s December 20 and you haven’t started your Christmas shopping yet. Thanksgiving, yes the date changes but the reason to look forward to it is the same wonderful feeling each year. March 17th, it is so good to be Irish.
This year April 26th is pretty significant. That was the day that our government quit working in the black and began working in the red. That’s right, as of the 27th of April; the federal government is working on credit. Credit we will all have to pay back – eventually. Actually, to be more accurate, it is money our children and grandchildren, and their children will have to pay, unless we have to follow Chrysler’s example and file bankruptcy.
To be fair, this date has been moving forward in the year for a LONG time; however, this year it has taken a tremendous move forward, from August 5th last year to April 26th this year. According to some estimates for next year, the national debt date will probably be somewhere in late February to early March. Not a very settling forecast.
Get out you checkbooks,
Bill
No comments:
Post a Comment