Rainy Day Fund

I really like how Governor Schwarzenegger talks about the “rainy day fund” I think that this is very important for State and Local governments to have one. If the government were to look at thing and live within their “means” our country would not be in the deficit that we are in right now. Governments have a tendency to want to give as much money as they can to government programs which is understandable however if they would take a look at their budgets and lower some of the funds they would be able to save money for future years.

The United States spends so much time worrying about what is going on in other countries because they feel like they “need” the resources from these counties. If they would look at the resources that they have right here on this land they would realize that they do not have to worry so much about what is going on everywhere else. Under Wyoming and Colorado alone there is enough oil to make petroleum for our country for the next decade or more.

The wind energy that could be generated from Wyoming as well could power the country for a decade or more as well. I know that there are a lot of people who do not want to look at windmills or allow them to be put on their land, but if we were able to do this we would be able to use our natural resources instead of relying on other countries for their resources. If the United States started relying on their own resources they would not have to spend as much money on other resources and they would be able to start putting money in a “rainy day fund. ”

I think that if other states and the country as a whole were to start following Governor Schwarzenegger plan that in the next ten years we would start to see a real difference in the finances of our states and our county. People would not be so worried about our country going into a recession because there would be money there to fall back on. States would still be able to fund their state funded programs they may just have to look at cutting back some things. I think that politician forget that they have to think about the money for their state and not just the money that is going into their pockets.

I also think that one of the first things that should be looked at when it comes to budgets is the amount of money that our politicians make. I know that they work hard for our states and they have to be in meetings and such a lot, however do they really need to make $200,000 to $500,000 a year? Governor Schwarzenegger talked about looking at the state pensions I also think this is something that needs to be looked at but at the same time those pensions are for people like our police officer, fire fighters, and emergency medical personnel I do not think that the people who keep us safe on a day to day basis should suffer in the long run.

I think that budgets are a problem that our states and our country as a whole are going to be looking at for a long time to come. I do not know if they will ever come to a conclusion on how to fully keep us to live within our “means” because I think that as a country we have gotten very greedy and that we always want the “best of the best. ” As sad as that sounds I think that it is true, we are very wasteful and do not always think about the long run when something “new and different” is in front of us.

Even though this is going to be a issue for generations to come I do truly hope that the government is able to figure something out so that our country does not have to stress about recessions and depressions. I do not want to see government programs get cut but if that is what it takes to get our country back on the right track we need to look at cutting some things. They do not have to be cut completely just cost cut down so that not as much money is spent. References <iframe title="YouTube video player" width="640" height="390" src="http://www. youtube. com/embed/kfldieFyF6I" frameborder="0" allowfullscreen></iframe>.