Not deterred by this great loss of human capital, our government is running an almost $1.3 trillion deficit in 2010.
That's a lot of money to spend. Was it spent wisely is the question voters will ask in less than two weeks when they are in the polls. A Rasmussen poll released Sunday noted that "an overwhelming 70 percent of adults say the government does not spend taxpayers' money wisely."
Fact: As a country, we don't believe that the additional $1.3 trillion borrowed and spent was spent wisely. As taxpayers, however, we're still on the hook for paying it back.
To pay it back, we need economic activity. We need jobs. We need employment. Only people or companies who make money can pay taxes.
The Congressional Budget Office employment forecast predicts "a slow rebound in employment, with the (unemployment) rate falling to just below 9 percent by the end of 2011, and then declining more rapidly to near its long-run sustainable level of 5 percent by the end of 2014."
We've spent an extra $1.3 trillion this year that we don't have, but we're not going to be back to normal employment for four more years. Almost one in five of us want to be working more than we are currently.
We're scared all right -- scared of too much government, too little employment, too much borrowed money and the belief that our representatives are not spending it wisely.
It's time to take control into our own hands. That's what the election in two weeks is all about.
Moving toward a future with less government, less taxes, less spending -- and less fear.
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