Costa Mesa, CA (PRWEB) January 16, 2012
The amount of debt carried by the U.S. is now equal to the economy according to the latest figures released by the Bipartisan Policy Center. The amount owned by the federal government now exceeds $15.2 trillion that is equal to the goods and services in North America.
Morgan Drexen Chief Financial Officer David Walker says,“There are signs of improvement in 2012 but it will be a slow process that doesn’t improve month to month but gradually. The government needs to focus on long term fiscal improvements.”
Morgan Drexen provides integrated systems to law offices nationwide using iCloud Internet protocols to lessen paperwork and improve efficiencies.“Investment in recent years in our automated systems has helped attorneys throughout North America resolve more than $320 million in debt for consumers,” says Morgan Drexen CEO Walter Ledda.
“Lets invest in our people without leaving them a mountain of debt. Lets meet our responsibility to the citizens who sent us here. Let’s try common sense,” says President Obama during his 2012 budget message.
President Obama’s 2012 budget shows the debt soaring past $26 trillion a decade from now. Among other economies, only Greece, Iceland, Ireland, Italy, Japan and Portugal have debts larger than their economies.
Ronald F. thought reducing his debt of almost $10,000 was impossible however thanks to an attorney-based debt resolution program Ronald is now free of his debt. A veteran of 32 years, Ronald has strong views regarding the government and what little they do to help American consumers.
Ronald signed up with California-based Howard Law who use the support services of California-based Morgan Drexen in an attempt to reduce his debt.
“Politicians are milking everything. I mean who do we vote for? You don’t have that big a choice. Everyone one of them that is running is making a million bucks a year, somehow. They don’t think the way we do, they don’t have to,” adds Ronald.
For Robert P. from San Diego using the automation of the attorney based debt resolution program of Howard Law was a lifesaver. While Robert is now living life without the stress of his personal debt he is concerned about the nations debt levels.
“As far as helping people already in debt, it would be ideal if the government helped people pay it all off. It seems to easy to get into a lot of debt the way the system is set up with all the credit card offerings and you can’t even buy a car without going into a lot of debt,“ concludes Robert.
# # #