Past Evidence Demonstrates that Cutting Spending is the Best Way out of Debt (And Cut Taxes Too.)

...The report continues to outline how, when cutting government expenditures, the most successful formula for budget deficit reduction came as a spending cut in two main areas: social entitlements and reduction in the size and compensation of the government work force. The reasoning here is that a reduction in entitlements “spurs people to work and save.” Additionally, cutting size and compensation of the government work force expands the much more productive private sector.

Overall, a government who takes on a failing budget and cuts spending to balance it will likely see an improved credibility for the economy as well. Demonstrating a commitment to fiscal responsibility to citizens and financial markets is a deciding factor encouraging future economic growth.

Read more: http://www.atr.org/past-evidence-demonstrates-cutting-spending-best-a5776#ixzz1BWCC5TWr

It’s the only way.

The lesser cabinet positions and their departments need to be eliminated, i.e., everything except War Dept, State Dept, Justice Dept, Treasury Dept. Depts of Interior and Commerce should be rightsized to have only a few hundred employees each. Some say that “maintaining standards, i.e., weights and measures, electronic standards, etc.” is necessary, which is a joke. Industry assocations such as IEEE, etc., in this modern age, provide this service, in reality. No one waits for the government to guide them, they design things and government jumps on the bandwagon after the fact and declares standards that are de facto industry standards. Making decisions and maintaining government land could be managed by a TINY interior dept which outsourced the work, which is commonly done already.

Other than that, no other departments serve any good purpose. They are all just bureaucracies that require forms to be filed and fees paid, and they hardly can be trusted to even maintain records without losing them - this happens all the time. Social Security requires the Taxpayer to prove their lifetime income with their own copies of W2’s; if the Taxpayer has no records, they are forced to rely on SSA’s often poor recordkeeping, which, oddly enough, is, as far as this humble contributor can see, only in SSA’s favor. I’ve never heard of an SS applicant recounting that SSA wanted to pay them more than they thought they were owed.

Senate and House, and to a lesser extent, the Presidency, are needed to do this rightsizing. We need 70% Tea Party and/or John Q. Public, citizen 1-term politicians in the Senate and House. They then need to deconstruct, and there are only a few years left to do this. Once the citizen politicians term is up, we need to get another one in there ! There is no way on God’s green earth that we can’t come up with decent candidates and elect them. We do not need to rely on 1 candidate who stays in office for decades and then becomes part of the problem.

Those are the candidates this humble contributor is voting for. If the candidate is not a strict social and fiscal conservative, I don’t vote. When the “effects” of the left-wing really start hurting voters, then they have a way of waking up and voting in the right people. The same way the Brits voted in Churchill - long after they should have.

Folks “in the middle” are the ones we need to enlighten; there’s no sense in communicating with the far left.

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.