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Budget Insanity

edavis885 Wrote: Jul 11, 2012 10:30 PM
Increasing tax revenue should not the object of tax reform. The best tax is the one that give the government the least amount of money. The best budget is the one that allows the government to spend the least amount of money. Romney wants the military to spend 4% or more of GDP. I want the federal government in total to spend 2% of GDP. But then again I am a radical.
Last year, Congress agreed to $1.2 trillion in automatic spending cuts, unless politicians find other things to cut. They didn't, of course. So now, with so-called sequestration looming in January, panic has set in. Even the new "fiscally responsible" Republicans vote against cutting Energy Department handouts to companies like Solyndra and subsidies to sugar producers. Many claim that any cut in military spending will weaken America and increase unemployment.

It's another demonstration of the politicians' addiction to spending -- and how we are complicit. "One more infrastructure bill" or "this jobs plan" will jumpstart the economy, and then we'll kick our...