Pool maintenance piggy bank is symbolic of the collected taxes and the credit card is money that is borrowed from other countries to pay for purchases for the neighborhood. These purchases include a pool table for the clubhouse, a guard at the neighborhood entrance, and other favors for the various homeowners. The homeowners enjoy their neighborhood because they have various luxuries and amenities. .
Next, the president of the Home Owner's Association quickly runs out of money and asks for a bundled vote of allowing the credit card limit increase along with another major vote. His support comes from the neighborhood homeowners who he has granted favors in the past. This popularity follows suit for some time - with more credit card increases until one of the neighborhood homeowners ˜blows the whistle' on the massive debt that the current president has accrued. The group of homeowners decide to remove the current president and install a new one that promises to better manage it's money. The new president sells the pool table, and removes the paid guard for the neighborhood entrance, along with some other luxuries. The video follows by stating that if the government/homeowners association were to stop spending and start paying back the owed debt by selling existing purchases - that the future would be brighter for America or the neighborhood. In this situation, the opinion of the creators of the video is that if America paid back its debts, then American economy would be in a better state. .
My opinion on this issue is a complicated one. On one hand, I would like to agree with Reich and say that investing in America is the best option. Our current infrastructure is crumbling in all places - schools, power plants, hospitals, roads, bridges, etc. There is an immediate need to rebuild or better maintain this infrastructure. The infrastructure is what allows economies local economies to grow and function at a high level.
