Vincent Emmer of Vail, Colorado writes in the Vail Daily that our federal debt crisis has reached new levels of gravity:
Political leaders at all levels of government have buried the average American household under public debt of various kinds. Economist Larry Kotlikoff testified before the Senate that balancing the federal budget long-term requires a nearly 60 percent federal tax increase starting now and lasting forever.
That would increase the average household's visible and hidden federal tax burden from $28,000 annually to $44,000.
How do we stop this insanity? The only way is through an Article V Convention of States. Says Emmer,
It's not game-over yet. We have a tool that can ring politicians' bell. It is a Constitutional amendment.
To claim a more meaningful share of political power for citizens, there is a movement calling for a Convention of States to amend the Constitution for the 28th time.
The hurdles to enactment are high, yet the odds of success are high, too. This type of campaign panics the politicians to do the right thing through legislation.
Jump on to conventionofstates.com. Read its petition; sign it if you agree. I'd like to hear from you either way, but especially if you don't. Send them some money. Every little bit helps.
Read the full op-ed here in the Vail Daily.
Want to get involved to help apply the brakes before it is too late? Volunteer by clicking here.
