Posted on 07/31/2011 6:41:39 AM PDT by Kaslin
Wrong. Totally dead wrong. Go back to 9th grade and read Thomas Sowell.
America's problem is the Unconstitutional size and scope of government. The spending is a symptom of that, since government accrues and exerts power by taking money from the unfavored and giving it to the favored. The debt is also a symptom, of the "invisible foot" of government destroying the free economy, reducing revenue and demanding ever more expenditure to keep the game going.
To insure that we have a balance budget, we need a cap on federal revenue such as % of GDP along with term limits.
One problem with any measures that might be taken, as the author recognizes, is that a judge can be found to overrule the voters and/or the legislature, at every level.
BBA must clearly LIMIT spending without increasing taxes or any other form of “revenue enhancement”.
The deficit “crises” has been a known and established problem for the last 10 - 15 years. Why else would Congress be discussing a BBA in the mid 1990’s? Remember that the first BBA failed to exit the Senate for ratification by the States by one vote!
Unless Congress is prohibited from balancing the budget by raising taxes or any other form of revenue enhancement they will do so. How else can a siting Congress Critter ensure his reelection?
Unless future growth of Federal Income is tied to increased GDP Congress and the Federal Bureaucracy will actively work against the American Middle Class. As the system now exists the Federal Bureaucracy makes rules and regulations in a vacuum with no concern over how they will affect the GDP. See coal mining restrictions, oil drilling restrictions, the EPA’s CO2 restrictions, etc for proof of that statement.
I find it very interesting that one of the biggest social/political conflicts in the Republic is the one between wealth producers and wealth consumers, The wealth consumers are doing their best to kill the very source of wealth that they depend upon for their own life style.
We need better representatives that will make decisions based on right and wrong that will follow the Constitution and benefit the American nation.
We need a leader in the White House instead of a redistribution policy.
We need to get rid of the self-serving idiots that are the non-producers that keep giving us laws and regulations that hinder the American exceptionalism.
We need the states to assert themselves and provide good competition without the restraints of federal mandates.
This could reduce the size of the federal government.
We need honest people to eliminate the corruption in government including the courts.
I agree with all that!
Do you think that a BBA could include repeal of the 17th? IMHO, that would go a long way toward a smaller government.
As long as government spending is added into GDP, any solution tied to it invites more spending.
Want more revenue, print and spend more money to make the GDP increase. Your economy is worthless but the numbers look good.
And how could a judge even decide what taxes to raise, or spending to cut?
Want to cut spending?? Tie the debt ceiling increases to highly visible tax increases on the majority of voters, many who pay NO Federal income taxes now (they are not overtaxed.) And send them a letter telling them why their taxes are going up, the same way Washington sent a letter to voters telling them a welfare check (that $800 ‘rebate’) was on the way.
We need to start at the Grassroots of our nation and elect local and state politicians that support our rights under the Constitution.
Government should come from the people up, not the government to the people. The United States is too large and unwieldy to be ruled almost exclusively by DC.
We are at risk of losing our way, Obama would like to be a tyrant but right now we have a tyranny of 635 politicians who care only about themselves, their jobs and winning.
Washington doesn't give a crap about you and me, they care about their power and their money. We are nothing but a vote and that vote is truly the only reason that they even acknowledge that we exist.
Public Law 95-435 Section 7 States Beginning with fiscal year 1981 ,the total budget outlays of the Federal Government shall nor exceed it receipts.How are we in debt 14 Trillion dollars . Who let the taxpayers get screwed.
“As long as government spending is added into GDP, any solution tied to it invites more spending.”
Then any government, Local, State and Federal spending can not be part of the GDP formula.
Easy solution. Fix the budget at a maximum percentage of the GDP except in times of war. Say about 18%.
P.S. And then all expenditures above that limit are to be spent on the war effort alone.
That would be good, but do you really think it is politically possible? Dems and RINOs are going to continue to buy the cheapest (for themselves, not cheapest for future taxpayers) votes they can find.
Maybe no real solutions could be considered until we become Greece, and at that point I think it would be too late.
I hope I am am wrong, but hard experience tells me not to expect too much from human nature.
You know that NOTHING is politically possible except offering the voters more and more stuff that appears free to them(and is free to many). That is why they do it.
How do we keep the self-serving, con men and women from getting elected, that have no principles and are willing to serve for the benefits of power as opposed to the needs of the people?
Even at the local level, the good experienced individuals will not run for office, so we get the pretty boys who say the right thing but lack substance that get elected. (With some exceptions.) We got one in Wisconsin Senator Ron Johnson and Governor Walker.
I know what you mean, we have 2 of them on our County Commission but I can attend the open meetings and I can make my voice heard and I can write local editorials and I can make their lives hell until they do the right thing.
I don’t see a judge setting tax rates.
In Arkansas when Huckabee was Governor some judge said that education had to be funded more. The legislature choose to hike taxes to do that. Huckabee signed the bill. He then blamed the court. But the judge didn’t hike the taxes and sign the bill into law.
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