Back in November, my friend Jim started a bit of a discussion on FB with this video that explains how big government ultimately destroys a nation’s prosperity. Idiots guide to public sector that produces no wealth
Another friend, Scott, issued a challenge:
There’s certainly no doubt that republicans and democrats alike (or conservatives and liberals alike, if you prefer) have built an enormous, expensive and unwieldy government over the past 50 or more years; or that, as a county, we’ve been …living beyond our means (or at least beyond what we’ve been willing to pay for) for at least the past 30 years. It’s time to pay up, America.
Now the question is what to cut and I look forward to that debate. Waste, fraud and abuse is the popular refrain but, even if we eliminate that (which would amaze me), the effect will be negligible.
What substantial, popular programs will we eliminate?
<insert cricket chirps> and then he adds, after some time:
It seems the surest way to stifle a conversation about overgrown government is to try & bring it around to specifics. C’mon, folks. No ideas?
Of COURSE I rise to the bait!
OK, I’m game! Ground rules – it enhances individual freedoms from the current structure, decentralizes control back to more local control, and enhances accountability.
Why shouldn’t Education be more localized…
Do that, and a whole lot of Fed $$ does not have to be spent.
Yup, I have lots of opinions on lots of stuff (psst – sometimes, they might even work!)
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With all of that said, I then get asked:
My response:
Remember, Fed $$ ALWAYS comes with strings attached – many last forever (like the strictures on our outdoor ice rink….and the bandstand….and now sidewalks….and don’t get me started on the schools….)
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Scott is impressed:
Of course, none of this is likely to change the country’s balance sheet by trillions. I don’t see a way around tax increases. We have to pay our bills.
Greed? It’s everywhere. It’s as essential to humans as skin. You won’t find a way around that either
So, I wind up again – and chide Scott in the process!
That seems rather dismissive of eliminating spending, just to resign yourself to paying higher taxes. C’mon Scott, you can do better than to just give up! Buck up, man – where’s that good old college try in doing the hard work?
Well, Scott says that both (cut spending, raise taxes) have to be done. Of course, I find that unacceptable as an attitude:
I adamantly refuse to give ANY politician yet one more revenue source, given that they have so badly managed the ones they have.
I totally disagree the notion that politicians can’t do anything or that it would take a long time. That’s a defeatist attitude – "Oh nothing can be done, so why bother".
And I finally wind it down with a couple of last thoughts:
Won’t work. Latest studies out state that since about 1940, for each $1 in revenue, politicians spent $1.17, or more. Will get the reference.
Thus, it does us no good to give them more ways to tax us (or a section of us) – they are addicts… to spending and WE have to provide the intervention. We can no longer enable bad behavior.See More
We are learning that "there’s no something for nothing" ("managed assets badly") – the private sector has had to learn to reset and deleverage; time for the public sector to learn that globalization has now arrived for them as well and that THEY have to go on the financial diet as well.