Thursday, May 12, 2011

Its Not My Money so Why Not Spend It

For one moment step away from the emotionally driven, headline grabbing reasons for our deficit and think about the problem pragmatically. In a time that has been called the “great recession” you would expect the government to add temporary stimulus to the economy, the key word being temporary. Our government under both parties has expanded government on a structural bias (not debatable with rational logical people). When almost every segment of the private sector is making the difficult decision to tighten their belts in order to survive, our government goes on with raises, hiring and spending like nothing is happening, (why should they care it is not their money) Pelosi keeps her private flights to California, McCain keeps adding staff as if nothing has happened, print more debt and squeeze the tax payer, keep the party going. If you look at our federal government in a period of expansion like 2005 (not great growth but growth none the less, debt fund) the federal government paid 850 people over $100,000 to do their jobs. How much higher would you expect this number to be in 2010 after the great recession? 1000, maybe 2000 NO, not in the land of the purchased vote, try 17,800 for size, 17,800 people making over $100,000 makes you wonder how I can get on that gravy train (1.7 billion dollars). Now, I failed to mention in 2005 most of those 850 well-paying jobs were Doctors. Now they are TSA
…..Wouldn’t it be great if Obama would forgo his salary as a symbolic gesture as many CEO’s do with struggling companies, and only take a paycheck if he balances the budget, maybe all of congress should. Don’t worry about them most are worth millions they don’t need it they are rich.

Fight the good fight

Daniel Plainview

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