{"id":33307,"date":"2009-08-27T01:01:01","date_gmt":"2011-05-19T02:00:22","guid":{"rendered":""},"modified":"2011-05-19T02:00:22","modified_gmt":"2011-05-19T02:00:22","slug":"rush_s_morning_update_the_bills_august_28_2009","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/08\/27\/rush_s_morning_update_the_bills_august_28_2009\/","title":{"rendered":"Rush\u2019s Morning Update: The Bills\r\n\r\nAugust 28, 2009"},"content":{"rendered":"
\n

<\/p>\n

Rush\u2019s Morning Update: The Bills<\/strong><\/line>August 28, 2009<\/strong><\/strong><\/line><\/line>Watch It!<\/strong> <\/strong>Download Morning Update Video in QuickTime<\/a><\/line>Listen to It!<\/strong> Windows Media Player<\/strong><\/a>|RealPlayer<\/strong><\/a> <\/line><\/p>\n

Last Sunday, the Washington Post ran a Q & A in their “Money and Ethics” section. A woman,describing her family as being “of modest means”,asked if was “fair” that she and her husband ask their teenage kids to contribute some of their earnings toward the family budget.<\/p>\n

Knight Kiplinger, editor of Kiplinger\u2019s Personal Finance, responded: “Yes.” Not only is it fair; it\u2019s always been expected, historically. He said kids spending all their earnings on themselves is a new phenomenon, born of affluence. But spending only on oneself is “not often enjoyed by their moms and dads.” Kiplinger suggested parents help train their kids for their future obligationsby coming up with a “reasonable” contribution, taking savings and discretionary spending into account.<\/p>\n

For eons, this approach to finances has worked for families and businesses,but somehow, it doesn\u2019t work for government. The Obama administration is racking up trillions of dollarsin debtwith no spending limits. The notion that “everybody” should “contribute” is never even discussed. The bottom third of income tax filers pay no taxes at all, yet Obama vilifies those who pay the bulk of taxes as “greedy”,while demanding even more from them — and now he wants to place the financial burden of socialized medicine on their backs. There\u2019s no plan to meet our “future obligations”; we can\u2019t even fund our present obligations!<\/p>\n

Now, look, folks: this isn\u2019t rocket science. Our country is on the road to financial ruinbecause the teenagers are running the country…while demanding grownups pay all the bills.<\/p>\n

*Note: Links to content outside RushLimbaugh.com usually become inactive over time.<\/p>\n","protected":false},"excerpt":{"rendered":"

Rush\u2019s Morning Update: The BillsAugust 28, 2009Watch It! Download Morning Update Video in QuickTimeListen to It! Windows Media Player|RealPlayer Last Sunday, the Washington Post ran a Q & A in their “Money and Ethics” section. 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