Tuesday, May 4, 2010

Important Message: Your Child's Future

What is the most important message I can share with you on the last day of early voting? It is this:

Our children need the very best eduction we can give them to help them through the difficult years ahead.

Robert Canright is the only PISD candidate who understands this problem and has a plan to help your children prosper in difficult times.

This chart shows in red and blue the average household expense and income by decade. The difference is the disposable income. The data shows the average American household cannot afford to own a home! There is not enough disposable income to pay for house repairs. When the government and banks pushed loans onto people to buy houses they could not afford, an economic meltdown was predictable.

The real threat is the trend. From the 1980's through the present expenses outpace income. Your children, and mine, will be drowning in red ink. I have read a story of a physician who borrowed $250,000 to become a doctor. After having trouble getting employment, the debt grew to $700,000. The doctor said she would not finish paying off her debt until she is 70 years old and will never be able to buy a house. This is the threat facing your children: that heavy debt from a college education and a lack of jobs for your child will drive your children into crushing debt by the power of compounding interest. There is no relief from college debt by bankruptcy!

Our economy is going insane! College will become a place of economic doom instead of opportunity. Wall Street is becoming an engine for wealth destruction, not wealth creation.

There is no longer one American economy. There are three: the Wall Street economy, the middle-class economy, and the poor-person's economy. Only the Wall Street economy is growing, but it is growing by taking away from the middle-class and the poor.

I am the only candidate with a vision to guide our children to a brighter future: the Texas Ascendant Campaign. We start by fixing the curriculum and spending problems in the PISD. Then we use the vision of Texas Ascendant as a goal for educating our children to succeed in difficult times.

You can see the above chart in larger format on my website. You will also see I have analyzed the spending at PISD and found it out of control.

I am the only candidate who has looked at the money issues. If you believe in fiscal responsibility, if you care about your children, then you should vote for Robert Canright.

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