When it comes to making New Year's resolutions, getting into good shape financially ranks right up there with losing weight and eating healthier. All three goals require discipline and planning. Here are a few suggestions for better managing your personal finances in the New Year.
Deliberately debilitating the nation's habits of the heart will not contribute to better fiscal health for future generations. Our national commitment to charity must prevail as the best possible witness of this nation's moral commitment to ensure justice for all.
As the world economy continues to struggle, people are taking to the streets by the thousands to protest painful cuts in public spending designed to reduce government debt and deficits. This fiscal fury is understandable.
Washington Post fact-checker Glenn Kessler asserts that "no serious budget analyst" agrees that the Obama budget would reduce deficits by $4 trillion over ten years. However, the $4-trillion figure is a sound one.
Every election year, the two parties choose the agendas and issues to highlight and ballyhoo. Often it feels as though we citizens have little power to turn the conversation to the issues we want addressed.
Reasonable is not working. If I hear one more politician rail about the need to find bi-partisan common ground where immediate deficit reduction and job growth live in some sort of economic harmony, I am going to get sick. It isn't going to happen.
It is our hope that the super committee will be able to come to a consensus that will alleviate the national debt and work in the favor of one of America's largest economic strongholds -- small businesses.