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Monday, April 01, 2013
Could The Sequester A Picture Worth $85 Billion
The sequester is now somewhat behind us and the markets have not taken notice but everywhere I look the press is burning the ships for no return. The picture is painted that the spending cuts will end the world, below you can read such an article describing this very idea:
Last week just days before the sequester took place a USA Today headline said "Obama: Sequester will weaken military readiness? Click on here to view the article with the previously mentioned headline. In the article quotes are cited from President Obama's speech to thousands of workers at Newport News Shipbuilding. Statements were created by the President that military readiness and basic services would be severely disrupted.
Don't those sound like big dramatic changes don't you think?
But as they say a picture is worth a thousand words, or in this situation 85 billion dollars.....to view this picture mentioned visit my website linked below then clicking Your Income Guru on the right hand side.
The point of this picture is to show that with or without the sequester we have a huge problem and it's called debt. The national debt is 200 times higher than the sequester amount. As a result people think two things:
One, it's not that big of a cut and such a big deal shouldn't be made out of it and
Two, we're on a collision course with bankruptcy because we're not able to afford to sliver our a tiny debt.
For this reason now more than ever before a plan must be created to solidify your retirement income should changes to government pensions and social security become necessary. Also take steps to protect your kids and grandkids from not just inflation but taxation out of control.
--Matt Golab, Chief Advisor of the retirement firm Aaron Matthews Financial Resources
Matt Golab was asked to write a chapter in Tom Hopkins upcoming book, Victory which is scheduled to be sold later this year. Matt also received the Editors Choice Award for his contribution to Victory, not every contributor is selected for this high honor.
He is often highlighted in Senior Market Advisor Magazine, a publication which attracts the top financial planners in the country. Matt Golab is the Author of The Consumer's Guide to Planning Your Retirement: Your Guide to Mental Peace and Financial Well Being. Matt Golab continues to expand the geographic reach of his audience and desires to bring his expertise to a nationwide television audience. Matt emphatically states his mission, "I want to change the way Americans view their retirement. They can succeed (stay retired) regardless of what happens in the market". Click here for Contact information for Matt Golab.
Last week just days before the sequester took place a USA Today headline said "Obama: Sequester will weaken military readiness? Click on here to view the article with the previously mentioned headline. In the article quotes are cited from President Obama's speech to thousands of workers at Newport News Shipbuilding. Statements were created by the President that military readiness and basic services would be severely disrupted.
Don't those sound like big dramatic changes don't you think?
But as they say a picture is worth a thousand words, or in this situation 85 billion dollars.....to view this picture mentioned visit my website linked below then clicking Your Income Guru on the right hand side.
The point of this picture is to show that with or without the sequester we have a huge problem and it's called debt. The national debt is 200 times higher than the sequester amount. As a result people think two things:
One, it's not that big of a cut and such a big deal shouldn't be made out of it and
Two, we're on a collision course with bankruptcy because we're not able to afford to sliver our a tiny debt.
For this reason now more than ever before a plan must be created to solidify your retirement income should changes to government pensions and social security become necessary. Also take steps to protect your kids and grandkids from not just inflation but taxation out of control.
--Matt Golab, Chief Advisor of the retirement firm Aaron Matthews Financial Resources
Matt Golab was asked to write a chapter in Tom Hopkins upcoming book, Victory which is scheduled to be sold later this year. Matt also received the Editors Choice Award for his contribution to Victory, not every contributor is selected for this high honor.
He is often highlighted in Senior Market Advisor Magazine, a publication which attracts the top financial planners in the country. Matt Golab is the Author of The Consumer's Guide to Planning Your Retirement: Your Guide to Mental Peace and Financial Well Being. Matt Golab continues to expand the geographic reach of his audience and desires to bring his expertise to a nationwide television audience. Matt emphatically states his mission, "I want to change the way Americans view their retirement. They can succeed (stay retired) regardless of what happens in the market". Click here for Contact information for Matt Golab.
