Government Overspending

I love this quote from Dave Ramsey that’s been floating around today.

"If the US Government was a family, they would be making $58,000 a year, they spend $75,000 a year, & are $327,000 in credit card debt. They are currently proposing BIG spending cuts to reduce their spending to $72,000 a year. These are the actual proportions of the federal budget & debt, reduced to a level that we can understand." - Dave Ramsey

I an not an economist by any means, but this obviously wouldn’t work out.

Where would I start if I had a magic government-changing wand?

Well, You know how government bills for funds always have a ‘projected increase’ every year? Then they make a measly ‘cut in spending’ that is really just a cut in the increase they would have otherwise had? That’s what I’d put an end to.  No spending could have an increase year after year built into it, except maybe limited to inflation.

To go back to the household analogy, what if each year I said I was going to spend 5% more on my car payment than the year before, and my phone bill, and my satellite TV. And utilities, etc. It’s easy to see that in not very many years I would not have enough money.

So according to our government, the thing to then do is decrease the increase spending on one of those things to 4% or even 3%, and take out a loan for the rest.

 

Thanks for reading,

-Lynnae

Historic Win for GOP

Yesterday was a historic win in the House of Representatives for Republicans and conservatives.

This morning I hear the Democrats say “now is the time for us to work together and compromise”.

Firstly, why do the LOSERS get to define what we do now?

My second issue of the day is the constant whine I’ve heard from some sore loser Democrats, that goes something like this:

“All Republicans can do is complain about Obama’s Health Care and stimulus. They have presented no plan of their own. (Waaaah!) All they can do is tear down but where’s their plan to help the economy? Where’s their plan?”

I don’t know if said Democrats really are thinking this or is they are just trying to feed a talking point to young, whiny, first-vote-ever 18 year old girls who don’t know Boehner and Reid from Edward and Jacob.

But the best plan to put the economy back on track is for the government to GET OUT OF THE WAY!

The government is putting a stranglehold on the neck of productive workers and businesses. Adjusting the grip of the stranglehold slightly will not help. Let go! Let Americans do the work they want to do. Let businesses plan and risk and build with an assurance that the ground will have some stability, instead of the ever shifting quagmire of regulations, laws and taxes that Obama is threatening them with.

By what right does Obama say that $250,000.00 a year is a magic cutoff? By what right does he protect someone making $240,000.00 and PUNISH someone making $260,000.000?

And I know health care seems compassionate, but in the end we will all be worse off. Socialized medicine is an assault on democracy, and an assault on the freedom of the American people.

-Lynnae

What the Tea Party Means to Me

I would like to comment on the spin about the Tax day Tea Parties. It's interesting to see news reporters say these rallies were funded by rich republican businessmen or the Fox News Channel. If rich businessmen were giving out checks I never got mine...and while I love the Fox channel, I haven't had time to sit and watch a program in weeks. Nobody MADE me go to a Tea Party, in fact it was difficult to find the locations and in the end I missed two closer rallies on my way to Seattle, and passed two of my sisters, who, unknown to me, were going to a rally nearby.

So what does this tax day mean to ME???? Just this:
Do not spend my tax dollars to overthrow my constitution!

I'm all for lowering the taxes for those who pay them, but frankly, MORE people should pay, not less. Every American should pay some taxes. If you are on welfare you should see on your check that some of it 'went back' in the form of taxes. Removing people from the tax roll is dangerous. Once more than 50% of the people pay no taxes, then the rest of us who do become their slaves. Democracy will give them the power to take everything you've got, while it lasts. The earners and producers and innovators are punished, and the whole thing will fall like a house of cards.
So, LOW taxes, but taxes for all.