Dennis Miller’s Comedy of Errors

Deficit and debt increases 2001-2008

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I’m a winner!

Last Friday was a great day.  My wife and I spontaneously went to a local morning radio station remote broadcast.  We entered a couple of raffles they were holding and within 20 minutes they called my name as the winner of two Dennis Miller tickets for that night’s show in Phoenix.

Mr. Miller has earned the respect of his fans and peers through years of honing his comedy skills including his time on Saturday Night Live.  He didn’t let down the crowd in Phoenix that night and had them rolling with laughs throughout the show.  A couple of lines surprised me though and not in a funny way.

Dennis said, and I’m paraphrasing now:

  1. He doesn’t care about the magnitude of the national debt
  2. His son is not concerned with being “saddled” with the national debt
  3. In fact, his son believes he will simply saddle his kids with the national debt
  4. The national debt is a teaching point for his kids and their kids

If I had 15 minutes to rebut Mr. Miller’s points I would tell him:

  1. The national debt is very real and very big
  2. This debt is limiting the fiscal options of the U.S and its citizens
  3. Our children are watching how the adults manage the financial resources we’ve been given and they can’t be impressed
  4. Our kids’ standard of living will be much lower than our own for the first time in the history of the U.S.
  5. The best and cheapest lessons are learned from other people and other countries
  6. Accountability starts with the grown ups today
  7. Most people could use some borrowing coaching
  8. We need to stop following financial rabbit trails
  9. We will be remembered by the financial legacy we leave behind
  10. Let’s stop federally subsidizing lies like “houses are an investment

Dennis’ show was a big hit and I enjoyed it.  As a public figure and self professed conservative I would like him to stand up and be counted as one of the responsible grown ups in America today.

What would you add to my critique of Dennis Miller’s position on the national debt?

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About Michael Shelton

Your Business Coach Facilitating Delegation and Work Group Engagement Michael Shelton has over twenty-five years of business and military accomplishments, including extensive experience with one of the largest, publicly traded real estate investment trusts (REIT). He is a qualified business coach with assignments in cross-functional work group management, strategic planning, unit leadership, joint venture acquisitions, executive education, mentoring, training and merger integration. Michael has accumulated best practices for building committed work groups from more than $4 billion of capital markets transactions and commercial property development. He served as a commissioned officer and helicopter pilot in the U.S. Army, and earned his MBA from The University of Arizona. Michael has served as a major conference panelist and is the author of Cash Flow Rich, Winning Ways to Evaluate and Finance Real Estate. Today, he helps business owners get more work group engagement as President and CEO of Shelton Business Services, LLC in Scottsdale, Arizona. Disclaimer: I don't offer investment, legal or tax advice. Talk to your broker, accountant or lawyer for investment, tax and legal help. I might own stock in the companies I mention on-line. My posts, tweets and other on-line activity are my personal thoughts and don't represent my employer or company.
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