Let's say you have a brother who just can't manage money or pay his bills. He's in debt up to his eyeballs. His kids aren't getting adequate medical care or education because of his spending.In case you didn't guess, Lessenberry is talking about George Bush and his fiscal mismanagement of our country. Intervention is definitely needed and long overdue, but the problem is it may be too late.
Five years ago, he did have money, but blew it all, and more, on a wasteful and destructive foreign adventure that made your family a lot of enemies. Last week, however, he topped that.
He arranged to borrow a whole lot, most of it, presumably, from the Chinese. But he didn't use it to pay his bills; he gave most of it to a bunch of millionaires who didn't need it, to curry favor with them.
So you tell me: Is it time that we stepped in and did an intervention, or whatever it's called, before our family is ruined forever?
Here are some more horrid facts. The damage to the budget and our economy caused by Bush's latest tax cuts won't kick in till after he leaves office. But they will hit at a particularly vulnerable time.It might be too late for an intervention, but it's not too late to divorce ourselves from Bush's dysfunctional family in Washington.
That's because the baby boomers will be starting to retire, in an enormous avalanche that will increase for years and put immense financial strains on Social Security, Medicare, Medicaid and on other money needed because of the collapse of many private pension systems.
There won't be nearly enough money coming in, partly because of the many tax cuts for the wealthy, partly because there just won't be enough new workers. For clues as to what that might mean for your family, you might want to rent the movie Cinderella Man.
The folks in that movie, which is really more about the Great Depression than boxing, got in the shape they were in because of a government that pursued economic policies of the sort George Bush and his gang have been vigorously pushing.