Here, you are urged and encouraged to run your mouths about something important.

Thursday, August 4, 2011

Video: Best Way to Solve Debt Problem?

The federal government increases its spending each year by between 6% - 7% and when you hear politicians talk about spending cuts, they're talking about reducing the amount of future growth in spending that grows government by a slightly less amount. It's Washington logic. Only there could increases in spending be called spending cuts. True spending cuts would involve freezing the amount of government spending so that the 6% - 7% figure actually becomes 0%. Reductions in spending should be done from that because well, that would be an actual spending cut.

That brings us to the plan of Rep. Connie Mack (R-FL). Basically, if you cut spending by 1% each year, the budget will be balanced in eight years. Instead of growing government spending by 5% instead of 7%, and calling that a cut, we'd actually be at -1% growth in spending. In many ways, this plan would be like applying the Wisconsin model - which is already working - to our federal government.

If the results of the 2012 election is able to usher in a plan like this, there could be some good to come out of a Barack Obama presidency.

h/t Hapblog

No comments:

Accuracy in Media
American Spectator
American Thinker
Big Government
Big Journalism
Doug Ross
Flopping Aces
Fox Nation
Fox News
Free Republic
The Hill
Hope for America
Hot Air
Hot Air Pundit
Jawa Report
Jihad Watch
Michelle Malkin
Naked Emperor News
National Review
New Zeal Blog
News Real
Pajamas Media
Red State
Right Wing News
Say Anything
Stop Islamization of America
Verum Serum
Wall Street Journal
Washington Times
Watts Up With That
Web Today
Weekly Standard
World Net Daily

Blog Archive