We are
hearing about the future of the United States is amnesty for the Illegal line
jumpers in our nation. We hear the scourge of income inequality among the
people who hold jobs that don’t pay that much money, how important it is that
low wage workers have a higher minimum wage and the inequality of women in the
workplace. These are the important
burning issues facing our nation.
The
government media is beginning to float it’s published “surveys” of how other
nations distribute the wealth much better than we do here in the United States
and THAT is why we have income inequality and poor people setting the stage for
more wealth confiscation if they should manage to convince enough “have not’s”
to make it to the polls and gain victory. Like not enough Socialism is the
problem in this country.
But the
question I have that I’m not hearing
about from ANY candidate right now is:
What about
the Debt?
What about
the $17,346,149,770,556.00 and growing national debt? Yes, I mean the $55,191.00 per citizen,
$151,616.00 per legal citizen NATIONAL DEBT?
And this is
on top of the $ Trillion plus college loan debt, personal credit card debt,
paying for over a decade of costly wars and massive Federal and State government
pension liabilities.
I don’t hear
anyone talking about THAT! Does anybody have a plan to handle this issue? If they
do I’d love to hear it.
Some people seem
to think the government will just resort to the previously mentioned wealth
confiscation and distribution.
It does sound
absurd but where is this money going to come from? Taxes keep rising but government
spending is outpacing the money coming in so even though they’re taking more,
they’re spending more but eventually less will come in.
It’s real easy to
talk about immigration and phony baloney things like “climate change”, income “inequality”
and the minimum wage, all Leftist catch phrases mostly because who really
believes that government can legislate the weather or create more private
sector jobs?
But
government can spend less.
We will see
that this springs home sales will be flat. Business is flat. Many store fronts
across the country remain empty signaling that small business, the real mainstay of the economy, has not come
back. Unemployment, well we don’t really know anything about what the numbers really
are there since there is no truth in the reported numbers but unemployment remains high. And it’s
all because government is taking more and more wealth out of the economy and
its hurting consumption. You cannot consume if you don’t have the funds to
consume with.
The country is short on the
optimism it takes to put the house on the market or jump from a secure job to a
new position elsewhere. We are lacking in the "good times" feeling that would
produce robust spending. Many people are sitting on their bank accounts even
though they are getting less than 1% interest because they are concerned about
what the future holds. Where did all this come from?
For the people
who truly think that government spending drives the economy just think for a
moment that the people who handle the money, the government middlemen, also
draw a salary. They have pensions and they have paid vacations and healthcare.
That is called OVERHEAD. They cost money too. So if the government handles the
money instead of you, the people they transfer it to get much less than what
went in. $10 Million can go in but $10 Million doesn’t go out. Sorta like the
Jimmy Fund and these other “charities” that aren’t really all that charitable.
So goes the
government when it comes to the transfer of wealth. They take their piece and
the “huddled masses yearning to get things for free” get the rest. The economy
receives no net gain. There is no profit in taking other people’s money no
matter how much they take.
It is a
downward spiral. The more that is taken from the economy the less goes for
growth. Without growth, there is less wealth. With less wealth, there is less
to take in taxes.
When the
Social System kills the goose that laid the golden egg, and it will happen
without intervention, then everybody will suffer.
Many of us are just holding on until the end of the Obama administration to see if a new course will emerge to stem the slide into insolvency. The last thing anybody needs is another Communist who promises to solve problems that don't actually exist.
So next time
you see a candidate any candidate from any party affiliation just ask:
What about
the Debt?
No comments:
Post a Comment