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To: So Cal Rocket
Even overhead has to be spent somewhere! Almost every dollar the US Government spends, whether it's a direct payment to an individual through a subsidy program, to build an interstate highway, or to pay some bureaucrat's salary is spent in some state. (Foriegn aid is an exception.)

Of course. That's why it is so hard to cut spending. They money all goes somewhere. But the point is that it is redistributionist and contrarty to what a lot of Freepers seem to think, the redistribition isn't from the "red" states to the "blue" states but often the other way around. And where the money gets spent doesn't necessarily have to do with need but which congresscritter sits on the right committee. This is why New Mexico gets more than $2.00 back for every dollar.

As a matter of fact, since the US Government is deficit spending, the total amount of Government spending in the 50 states EXCEEDS the amount of taxes received from the citizens of those states, so on a whole, the overall payback exceeds 100%.

Should I assume that since you don't seem to be troubled by redistribution that you aren't troubled by going into debt to play Santa Claus?

40 posted on 10/31/2003 11:48:19 AM PST by Question_Assumptions
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To: Question_Assumptions
Should I assume that since you don't seem to be troubled by redistribution that you aren't troubled by going into debt to play Santa Claus?

Oh, I'm very troubled by the by the debt being incurred by the US Government and all the State Governments and local municipalities. In my mind the ONLY programs that should be funded by debt are those for which the benefits accrue over a period of time (i.e., roads, dams, buildings). You should never go into debt to meet recurring expenditures.

I personally only use debt financing on things that for which I will derive a benefit on over time (home, second house, car). I never use debt to finance my recurring expenditures (groceries, electricity, Santa Claus). If only the Government would manage their money the same way.

58 posted on 10/31/2003 12:21:46 PM PST by So Cal Rocket
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