So the new budget is out: A 3.83 TRILLION dollar budget (if you can use that word in THIS sentence). This includes a $1.56 TRILLION deficit — 40.7% of the total cost. But don’t worry! This will coincide with reducing the deficit…
Is anyone else baffled by the utter stupidity of this administration? Or at least baffled by the obvious fact they think the public is stupid?
When posed with many questions of law, math, or logic, we can typically solve for any unknown by inputting facts or numbers into the equation. In this case, we are posed with the problem: Money taken in is less than money going out. To combat this, the administration will increase money going out to solve this. Of course we can see this does not work. We know the number one rule of household finance is first, reduce spending to get the finances in order. Does this also work in business? Yes. Government? Yes. So how is this different? Well I haven’t read the whole package, but included should be purchases/methods that reduce the long-term costs of things. For instance, merging some of the databases within the government so that agencies can speak more efficiently, and also reduce staff. This would cut some spending, but cost extra up front. Do we see anything big like this in this bill? Not yet, but we’re not finished. However, I don’t think we’ll see this.
So this is another instance where lipstick is not on the pig, but on the pile that the pig left behind. Yet, we’re being lied to, and their trying to still sell us the pig.
Is it 2012 yet?
Filed under: Politics Tagged: | Budget, Centrist, Congress, Conservative, Deficit, Democrat, Indepependent, liberal, moderate, Obama, Politics, republican, Third, united states
If the Tea Party is a Cause and not a Party, as those who say they are speaking for it lay claim, then those who are participating in it have many choices. They are the lone ones talking about it.
Cutting taxes boosts the economy. Deficit spending creates long-term damage if done constantly. Cutting programs reduces the need for funding.
So how do we do this without making problems worse on some end? One way is to reduce government waste and wasteful programs. There is a lot to get at with that idea. Another thing is that if people have more money in their pocket, they don’t “need” extra assistance. Flattening and simplifying our tax code will result in a cost reductions to individuals and small businesses come tax time. Ahh, more savings. Remember, people are taxed on earning, and in most cases spending (either sales or business tax), so the more they can spend, the more we see roll in. There’s a happy medium between lowering taxes a bit, and actually taking in as much or more due to this.
I’m definitely not talking about cutting programs for people with actual needs, but things like studies on drinking and clubbing habits of young people (actual multi-million dollar gov’t project) or how cow burps/farts affect the atmosphere can probably be left to educational or private means, but will save big bucks and lessen the perceived need of government to extract people’s money from their wallet.
I will agree that deficit spending will reduce the deficit is a moronic statement…..but I also do not see where the lessening of revenues will pay for lessening the deficit either…..it will make some happy as well….but it will mean more cuts to programs that impact the people…..