I think Americans are coming to terms with this reality.
A lot of us knew it was coming but no alarm bells were set off by our government — not that you’d notice. No one wants to be the bearer of bad news.
Now that we know how dire it is, we are beating down their congressional office doors, emailing their offices, phoning their offices, marching outside of their palace — I think there will be — “living within our budget” tremors felt all across the country (states balance their budgets — well CA thinks they’re a country) and we will turn this around.
” ( - - - No one wants to be the bearer of bad news. - - - ) “
Unless it is their job to do so.
Don’t we elect and pay these people to be our eyes and ears and then alert us to impending financial danger?
If this is not the case then why do we need ANY regulators?