Monday, March 29, 2010
Do You Even Have ANY Concept of Fiscal Responsibility
Fiscal Responsibility. I know it is crazy, but the budget should be balanced and debt should be used only as a last resort and for a finite term. Unfortunately any money that has come into Washington was spent along with very free use of the Government Charge Card. We now have to spend the limited amount we bring in through taxes to pay for current government operation (income tax is a totally separate issue and is unconstitutional in my opinion), but pay down the debts as well. I can see only two ways to do this cut spending, which is something you in Washington seem loath to do (that’s how you justify getting reelected along with pork) or raising taxes. If the plan was to get us so far into debt that raising taxes to European levels or higher in order to make the required payments (if not to take more control and consolidate power in Washington), I would say we are well on our way. Not to mention that soon who will be willing to loan money to the US government will likely force our hand into raising taxes. The fact a 'cut' in DC circles is getting less of a percent increase than you got the year before is indicative of the problem. I'd say put us back on the gold standard (or any standard, if I thought you all would take it seriously). It really is easy, find out how much you will take in (estimate), subtract out how much we owe in debt payments, then take what is left and that is what you have to run the government. I realize the problem is that if we subtract what we owe from what we take in, we are in the red already…that is what your predecessors have left you, but that is why you are getting full time pay, to come up with the solution and implement it (not worry if this will get you reelected). Even if by some miracle Washington suddenly become fiscally responsible tomorrow, we have already leveraged many of our children’s and maybe grandchildren’s future paychecks, because we are too selfish to constrain our spending now and in the past. Please support any decrease in spending or move toward fiscal responsibility.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment