We all certainly know what the problem is. Or at least, we all should know by now. Certainly nothing could be clearer to us than the stark realization that the strategy our leaders are advocating and implementing has helped no one except a small elite group of politicians, bureaucrats and bankers at the expense of everyone else. It is an age-old problem that has grown only worse with the passage of time.
Radio talk show host Dave Ramsey has made a national name for himself guiding people out of debt. I occasionally listen to his show (Ramsey and I both live in Nashville), and I applaud much of what he tells his listeners. In particular, Ramsey stresses the importance of having a specific budget and communicating with one’s spouse about money.