Terry Paulson

Failure teaches companies the importance of investing in products and services customers want, paying workers a fair but competitive wage, and the need to continue reinventing themselves before competitors and creditors force change under less than favorable conditions.

As a citizen, failure teaches you to read the contracts you sign, to pay off your credit card balance every month, and to save your money until you can afford a major purchase. When you’re paying for your own education, you learn to pick your school wisely and finish faster. When you've been burned financially, you learn to spend less, save more and live within your means. Finally, failure teaches you to appreciate the simple pleasures that money can't buy!

When governments pay the price of your failure, all you learn is to elect politicians who will make others pay for your mistakes and fund your standard of living. You learn to demand more instead of being grateful for what you have. You learn to be a dependent taker rather than a producer or contributor!

Whether you've experienced it yet or not, the money is running out in Sacramento and Washington! With the way Obama's Washington is spending your taxes and printing money, this recession isn't going away quickly and stagflation may soon be on the way. Even Federal Reserve Chairman Ben Bernanke is now warning that the large U.S. budget deficits threaten our financial stability and any healthy economic growth.

Wisely, more Americans are saving more and becoming more self-reliant by improving their health habits, simplifying their lives, and making do with what they already have.

But self-reliance doesn’t mean an absence of compassion. In tough times, Americans have always been willing to give charity to those in their own communities who have fallen through the cracks. They give more to charity than any other country, funding local health clinics, temporary housing and food pantries.

Do it again, but send a strong message to Sacramento and Washington—NO MORE ENTITLEMENTS! In Michigan and California, the Democrats’ vision of a socialistic utopia is crumbling before our very eyes. Tell President Obama that adding “free” healthcare to this unsustainable house of cards is not the answer! America has always been based on equal opportunity, not equal outcomes.

Victor Frankl once said, “We have a Statue of Liberty on the East coast. We need a Statue of Responsibility on the West coast!” In the recent election, California voters took a stand for return to sanity and fiscal responsibility. We don’t need government funds to build this statue! All it would take would be each responsible American adding one brick at a time in a renewed commitment to reclaim an America worth saving!

Terry Paulson

Terry Paulson, PhD is a psychologist, award-winning professional speaker, author of The Optimism Advantage: 50 Simple Truths to Transform Your Attitudes and Actions into Results, and long-time columnist for the Ventura County Star.

TOWNHALL DAILY: Be the first to read Terry Paulson's column. Sign up today and receive Townhall.com daily lineup delivered each morning to your inbox.