Posted on 04/01/2014 6:39:43 PM PDT by Hojczyk
Splendid!!!
Hardly anyone mentions that slice of the Constitution. Yet it’s the key point in any budget/spending/debt/deficit discussion. Were it followed as Madison intended, the federal government would probably be a third of its present size.
“We need to rein in spending today, and don’t tell me there is nothing to cut when we know every omnibus bill is loaded with pork and kickbacks.”
Palin is correct. The answer is to bring the budget into balance today. Cut to the bone and raise tariffs, not income or corporate taxes, if there is a shortfall. Let foreign factories pay for access to the US market via a stiff tariff.
In the business world, when a company is losing money and borrowing from the bank to fund operations, eventually the board of directors brings in new management. The first thing management does is cut expenses to the bone in order to meet or beat the break-even point. If expenses can’t be cut enough, the company will sell assets or cut unprofitable product lines and operations. Management does what it must to restore profitability. Those companies that can’t achieve break-even declare bankruptcy and go into liquidation.
Politically it isn’t easy to cut the budget to bring revenue in line with spending but it can be done. Entire departments and hundreds of programs will have to be eliminated, each of which has a constituency who will scream. The troops will have to be brought home from overseas bases. The bureaucracy will have to be cut across the board (most restricting companies cut headcount by a minimum of 10%). Bureaucrats and elected officials will have to take pay cuts and do without perks such as rides on government jets and big parties/conventions. The government will have to privatize some of its activities or shut them down Amtrak, TVA, Post Office, Fannie Mae, Freddie Mac, rural electrification, student loans, and the air traffic control system are some that come to mind for privatization or liquidation. Foreign aid has to end as well as discretionary spending by the President.
Russian, China, and Iran are working hard to end the dollar’s reign as the world’s reserve currency. When the Middle East oil producers fall in line, the game will be up for the dollar. Either we will take drastic measures to restore the fiscal integrity of the nation or we will see hyperinflation and the destruction of the nation’s economy.
Sarah and everyone in Washington know the can has been kicked down the road and has just about reached the point where it can no longer be moved. The time of reckoning is now.
Oh for crying out loud.
zzzzzz
Boo-hoo...you want your union cake and to eat it too. Start manning up nancy. You can have your jobs back, right after you start manning up and kicking unions in the teeth and nuts and get government out of “business”. Otherwise, you’re just a commie retard but not bright enough to realize you are a dupe.
Yep, one note samba……the dude is boring, stale, economically ignorant….and shamelessly relentless…….
Just saying, I was an early Palin supporter and have been on her side from before McCain chose her as his Vice Presidential candidate back in 2008.
Ever step of the way.
That said, America needs jobs.
AMERICA needs jobs. We don’t need to make stuff in China. We don’t need to buy everything imported.
We need jobs right here at home.
Now.
Guess (s)he donates a bunch to this site; only reason I can see why they are still around. Kind of funny actually; the more of these type of posters (and the humblegunner types) the longer the freepathon’s run on. Wonder why that is?
I hear you.
Ryan is finished.
Don’t forget he F’d vets over. That was HUGE
Oh we do, we just don't use trained chimpanzees ...union thugs...er, uh...people, to do it.
The smart businessman uses robots.
I dunno.
I think a whole lot of this comes from people who make stuff in China and sell that stuff here.
China sold America something like 440 billion dollars worth of stuff last year.
China bought meanwhile, merely 122 billion dollars from America.
That is a MASSIVE trade deficit.
Meanwhile, Americans cannot buy land, or majority ownership in Chinese anything.
China has five times America’s population.
America we have a very serious challenge facing ourselves.
China is growing fast.
America needs to make things. Right here in America.
Shout it sistah. Ryan is a liberal idiot.
That’s a totally different issue. The balance of trade, or unfair trade.
Not only do they not buy our products, they outright steal tons of intellectual property as well.
What exactly is a ‘humblegunner type’?
ROFL
Maybe a fifth
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