I’m a defense hawk, but do you really believe we can’t wring out a trillion dollars over the next five years by attacking the inefficiencies in the Pentagon budget? All of the entitlement programs are in a similar condition. They are laden with waste and gross inefficiency. Meanwhile, we expand the public sector as our strategy to juice the economy.
As a nation, we’ve been going to bed at 1 a.m. without consequence. We’ve been getting A grades without studying. Now we are free-climbing El Capitan.
We must deleverage the nation. We have enjoyed our freedom, but the gradual consequences, which we choose to deny, will one day become sudden, and there will be much less freedom to go around.
Timothy R. Clark is the founder of TRClark LLC, a management consulting and leadership development organization. His newest book, "The Employee Engagement Mindset," has just been released from McGraw-Hill. Email: trclark@trclark.net
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Yes Christoph, too much education is the problem.
This is the one-millionth article I have read over the last several years describing our spending problem. Rather than continually describing the problem, I would like to see somebody More..
Many in our society worship the Masters and PH.D program; are these necessary? Most universities should be shut down, merely there to teach expensive garbage.
Lest Tim fear to say who is responsible without offending those constituencies,it is the democratic socialists and war mongering Republicans, as well as the lazy, entitled citizens, befriended by the Harry Reid's of the world, who are winning More..