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Posts Tagged ‘Economy

Government Waste

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Government wastes trillions of dollars each and every year.

All of it from corruption and/or incompetence.

Corruption in the form of vote buying, bribery, and handouts.

Incompetence in the form of lack of efficiency and efficacy, low productivity, and poor management.

There are hundreds of unnecessary programs; they provide no benefit to Americans; most are part of the corruption.

Most of these programs are solely for the benefit of special interest groups.

Government waste

—  harms the economy

—  lowers Americans’ quality of life

—  leads to more corruption and incompetence

—  distorts information on the status of the nation

—  take the focus from important issues

—  falsely verifies the tenet that more money spent on something will solve the problem

Nations do not need big government for their citizens to have a high quality of life.

Nor to they need to spends billions of dollars.

The United States has two major needs for additional funding

—  paying down the national debt

—  adding to the Social Security and Medicare Trust funds

Putting money into them would be better than than the current corrupt and incompetent spending.

 

Future posts will provide guidance on programs that are

—  worthless or worse harmful

—  inefficient

—  are only for special interest groups

—  corrupt

 

The phrase “it is only” a small amount of money is extremely stupid.

Saving even a few millions significantly improves America.

 

 

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The facts no one wants to read.

If the facts make you mad, it could be the truth hurts.

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ISSUE — NATIONAL DEBT

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The National Debt is the total amount of outstanding money borrowed by the federal government.

It is how much the federal government owes.

There are two major sides to the issue:

—  those who feel it is financially bad for the nation; that it harms the economy

—  those who feel it does not matter;  the money is owed to ourselves

Having a national  debt is harmful to a nation; especially if it keeps getting bigger and bigger as that of the US does.

Why?

Some facts:

—  the government does not owe the money to ourselves; even if it did, it would still be bad for the nation

—  government debt is a means to provide almost unlimited funds for corrupt and/or incompetent politicians to waste, buy votes, or give to themselves

—  more government debt means higher interest rates unless manipulated by the government;  greater demand for borrowed money

Politicians, lowquals, freeloaders, do-gooders, and other corrupt groups are in favor of more and more government spending.

Having access to almost endless borrowing, makes it seem like free money.

Government should have to have a annual budget surplus(except in war time or in case of a natural disaster).

Only, the federal government is allowed to have an annual budget deficit.

Why?

Corruption.

 

 

The facts no one wants to read.

If the facts make you mad, it could be the truth hurts.

ISSUE — INFLATION

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Inflation is the sustained increase in the prices of goods and services over a period of time.

Or the lack of stable prices.

Inflation has been continuous for decades.

It is not going away.

It is a constant in the economy.

It is also a hidden tax; as wages go up, so do taxes.

Inflation erodes the purchasing power of consumers.

Especially, as for most people, their wages do not keep up with inflation.

A strong economy needs stable prices.

Citizens’ quality of life is harmed by inflation.

Inflation is the result of corrupt and/or incompetent government policies.

 

 

The facts no one wants to read.

If the facts make you mad, it could be the truth hurts.

ISSUE — TAXATION

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Taxation is a levy by government upon citizens and legal residents.

It is money the government takes by force.

Taxes along with fees and penalties are the government’s income.

The government does not have to justify the amount/rate of these assessments.

It just takes.

Nor does government have to justify its spending of these funds.

Higher taxes means

—  less money for citizens

—  weaker economy

—  more government corruption

—  greater government ineffeciency

As well as taxes being too high, there are too many different taxes, fees and penalties.

And at all levels of government.

Greater tax simplification and massive tax cuts are needed.

This is easily done without any reduction in necessary government services.

 

 

The facts no one wants to read.

If the facts make you mad, it could be the truth hurts.

ISSUE — POVERTY

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Poverty is being poor, lack of sufficient income to meet ones needs.

Estimates of the number of people in poverty range between 40 and 50 million.

Over 40 million people are on food stamps.

People should not have to live in poverty.

Poverty is a leading cause of health problems and health care costs.

Poverty is a never ending cycle.

Much of the responsibility for their poverty is with the people themselves.

Politicians and government are also to blame.

Increasing welfare programs is not the solution.

Neither is raising the minimum wage.

A comprehensive plan is needed to end poverty in America.

 

 

The facts no one wants to read.

If the facts make you mad, it could be the truth hurts.

ISSUE — WELFARE

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Some dressed-up names:

—  safety net

—  entitlement programs

—  social programs

Really government handout to lowquals, freeloaders, and trash people.

Politicians do this to buy votes.

Incompetence and corruption as usual.

A safety programs is for a short period of time; such as 6 months.

Sometimes people need temporary financial help.

Okay.

Longer than that it is a handout; welfare.

Generation after generation, the same families are robbing hard working Americans.

And, it will be that way for generations to come.

All such programs need to be totally restructured.

 

 

The facts no one wants to read.

If the facts make you mad, it could be the truth hurts.

ISSUE — Trade Policies

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For decades, United States’ trade policies have sent jobs and wealth to other nations.

These nations have seen a boost to their economies and standard of living.

This has hurt The United States economy and reduced the standard of living.

Trade has provided lower prices on goods.

Business has been blamed for sending jobs overseas.

Tariffs on imports has been proposed as a solution.  These tariffs would only raise prices and provide no increase in jobs or a boost to the economy.

The tariffs would provide government with more money to waste.

There is a workable solution.

A solution that would boost the economy without raising prices.

 

 

The facts no one wants to read.

Comments and referrals to this blog would be greatly appreciated.

Written by solutions777

January 28, 2017 at 9:10 pm

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