Here is a good illustration of what I was talking about in my previous post. It is being reported that Senator Clinton, whom I have the utmost respect for, thinks that it would be a good idea to give every child born in the U.S. $5000 to invest for the future prospect of paying for college or buying a home. Sounds great right? But if the estimate is right that 14 million babies are born in America each year, then it would cost 20-billion-dollars annually to fund this program. It’s a very noble and worthy idea; and I’m sure that Senator Clinton would love to make this a reality. I would love to fund everyone’s education or help them buy a new house too, but how can we afford to do that? I know, I know… cut this, cut that; but that’s easier said than done. History and experience should teach us that.

