I think that Knight Kiplinger in Kiplinger Magazine has it right: "Most of our economic wounds are self-inflicted, stemming from our inability to live within our means. Many families are using credit to support spending that exceeds their annual income."

He goes on to say that Americans have bigger houses, more expensive cars and eat out more often than they can afford. And, on average, Americans are saving nothing for emergencies or retirement. Then when they get into trouble, they want Washington to "do something about it." They want Washington to lower the price of gasoline and food and to fix the housing mess.

We want Washington to reduce deficit spending, but at the same time we demand lower taxes and more services.

Kiplinger concludes: "We Americans have it within our power to slowly reverse these dangerous trends. The big question is whether we have the will."

Gordon Springer

Salt Lake City