Creating jobs, killing debt
Nobody in Washington, DC, is really serious about cutting the national debt. If they were, they'd be introducing simple things that could do it every day. Instead, they're trying to do everything in one bill. Personally, I think that's stupid, unproductive, and impossible to do. We need to see single bills, each doing something to cut the debt. Here are some ideas:
Cut regulation. Over-regulation costs the US economy over $1.5 TRILLION every year - about the same amount as the deficit. Trying to reform it all at once would be a Herculean task at best. It would be much easier to pass one piece of legislation that would eliminate one bit of regulation, or a few related items. Do it again, and again, and again. Pretty soon, most of the unnecessary regulations will be gone.
Cut spending. Again, not all at once, but one tiny bit at a time. Trim $20 million here, $15 million there, $45 million over there. Do the cutting of a single amount in a single bill.
Cut taxes, and simplify the tax laws. Re-define "earned income", and tax only earned income. Quit taxing social security and unemployment. Don't tax capital gains separately from earned income. Reduce the income tax laws down to where they'll fit on a single sheet of paper. It can be done, but a lot of fat cats will scream. If the US goes bankrupt, most of those fat cats will end up being hanged. The sentiment is out there, and a bankrupt nation will see a fit of anger not seen since the Revolution.
Eliminate Obamacare. It's not only unconstitutional, it's unsupportable and unaffordable. It's also one of the biggest things holding up hiring today.
Reduce duplication of effort among national offices. I'm sure there's enough to do some serious whittling away at the size and scope of the bureaucracy. Start with President Obama's 'czars'.
Stop subsidizing EVERYTHING. We can no longer afford it, most of it ends up as waste, and it does little or no good. The savings from eliminating the bureaucracy supporting such subsidies would be significant in itself.
End all public service "unions". They're nothing but an attempt to govern from behind a false front. There is no legitimate reason for a public service union but to scam the public.
Change public service retirement rules. Too many people are allowed to retire too early, and to get retirement pay they've not really earned. Also, don't allow any public service retiree, other than the military, some law enforcement personnel, and those in physically demanding jobs to collect retirement pay before age 65.
Accept that there is no such thing as a cut 'too small to matter'. Every dollar spent is one that was forcefully taken from a taxpayer. No government has a right to any citizen's money, and any money they do take needs to be spent wisely and frugally, for something that legitimately supports the overall health and well-being of the ENTIRE nation, not a specific person, or a particular class of people.
Quit trying to do 'social engineering'. A government created to secure the rights of its citizens has no business doing it, no one's given the government the permission to do it, the government is usually wrong in what they try to do, and they're so ham-fisted doing it that they cause more problems than they solve.
Get government out of the way. One of the biggest reasons today's unemployment is so high is that planners in private enterprise have no idea what tomorrow's going to bring in the way of new regulations, new taxes, new requirements, and new limitations. No one's going to hire in that kind of environment. As President Reagan proved in the 1980s, when government gets out of the way, private enterprise will expand, hire, and grow. When it does, tax revenues will also grow. Anything else is stupid.
These are generalities. I'm sure that 90% of all US citizens between the ages of 15 and 105 could provide specifics for each and every one of these topics. Let them! Ask them for ideas, sift through them, take the ones that will work, and implement them. Stop trying to run the government as if it, or any member of it, is omnipotent. It isn't. Get the American people involved, and accept their ideas. You'd be surprised at the results.
Paraphrasing Thomas Jefferson, the largest government the citizens should ever allow is the minimum government that can satisfy their legitimate needs. Anything else is fraud, waste, and abuse. End it now.
Cut regulation. Over-regulation costs the US economy over $1.5 TRILLION every year - about the same amount as the deficit. Trying to reform it all at once would be a Herculean task at best. It would be much easier to pass one piece of legislation that would eliminate one bit of regulation, or a few related items. Do it again, and again, and again. Pretty soon, most of the unnecessary regulations will be gone.
Cut spending. Again, not all at once, but one tiny bit at a time. Trim $20 million here, $15 million there, $45 million over there. Do the cutting of a single amount in a single bill.
Cut taxes, and simplify the tax laws. Re-define "earned income", and tax only earned income. Quit taxing social security and unemployment. Don't tax capital gains separately from earned income. Reduce the income tax laws down to where they'll fit on a single sheet of paper. It can be done, but a lot of fat cats will scream. If the US goes bankrupt, most of those fat cats will end up being hanged. The sentiment is out there, and a bankrupt nation will see a fit of anger not seen since the Revolution.
Eliminate Obamacare. It's not only unconstitutional, it's unsupportable and unaffordable. It's also one of the biggest things holding up hiring today.
Reduce duplication of effort among national offices. I'm sure there's enough to do some serious whittling away at the size and scope of the bureaucracy. Start with President Obama's 'czars'.
Stop subsidizing EVERYTHING. We can no longer afford it, most of it ends up as waste, and it does little or no good. The savings from eliminating the bureaucracy supporting such subsidies would be significant in itself.
End all public service "unions". They're nothing but an attempt to govern from behind a false front. There is no legitimate reason for a public service union but to scam the public.
Change public service retirement rules. Too many people are allowed to retire too early, and to get retirement pay they've not really earned. Also, don't allow any public service retiree, other than the military, some law enforcement personnel, and those in physically demanding jobs to collect retirement pay before age 65.
Accept that there is no such thing as a cut 'too small to matter'. Every dollar spent is one that was forcefully taken from a taxpayer. No government has a right to any citizen's money, and any money they do take needs to be spent wisely and frugally, for something that legitimately supports the overall health and well-being of the ENTIRE nation, not a specific person, or a particular class of people.
Quit trying to do 'social engineering'. A government created to secure the rights of its citizens has no business doing it, no one's given the government the permission to do it, the government is usually wrong in what they try to do, and they're so ham-fisted doing it that they cause more problems than they solve.
Get government out of the way. One of the biggest reasons today's unemployment is so high is that planners in private enterprise have no idea what tomorrow's going to bring in the way of new regulations, new taxes, new requirements, and new limitations. No one's going to hire in that kind of environment. As President Reagan proved in the 1980s, when government gets out of the way, private enterprise will expand, hire, and grow. When it does, tax revenues will also grow. Anything else is stupid.
These are generalities. I'm sure that 90% of all US citizens between the ages of 15 and 105 could provide specifics for each and every one of these topics. Let them! Ask them for ideas, sift through them, take the ones that will work, and implement them. Stop trying to run the government as if it, or any member of it, is omnipotent. It isn't. Get the American people involved, and accept their ideas. You'd be surprised at the results.
Paraphrasing Thomas Jefferson, the largest government the citizens should ever allow is the minimum government that can satisfy their legitimate needs. Anything else is fraud, waste, and abuse. End it now.
posted by Old Patriot | 1:10 PM
0 Comments:
Post a Comment
<< Home