There is nothing inherently fair about equalizing incomes. If the government penalizes you for working harder than somebody else that is unfair. If you save your money but retire with the same pension as a free-spending neighbor that is also unfair.
'Hello my name is the Republican Party and I got a problem. I'm addicted to spending and big government.' I'd like one of them just to stand up and say that.
And you can't have a prosperous economy when the government is way overspending raising tax rates printing too much money over regulating and restricting free trade. It just can't be done.
It is time we passed a balanced budget amendment and return this government to limited spending.
To reduce deficit spending and our enormous debt you reign in spending. You cut the budget. You don't take more from the private sector and grow government with it. And that's exactly what Obama has in mind with this expiration of Bush tax cuts proposal of his.
In a clean break from the Obama years and frankly from the years before this president we will keep federal spending at 20 percent of GDP or less. That is enough. The choice is whether to put hard limits on economic growth or hard limits on the size of government and we choose to limit government.
In a very weak economy when you say 'cut government spending ' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes.
Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save invest innovate and work.
Since taking office President Obama has signed into law spending increases of nearly 25 percent for domestic government agencies - an 84 percent increase when you include the failed stimulus. All of this new government spending was sold as 'investment.'
We need transparency in government spending. We need to put each government expenditure online so every Floridian can see where their tax money is being spent.
By making bold cuts in spending and commonsense entitlement reforms we will make our government simpler smaller and smarter.
Government is taking 40 percent of the GDP. And that's at the state local and federal level. President Obama has taken government spending at the federal level from 20 percent to 25 percent. Look at some point you cease being a free economy and you become a government economy. And we've got to stop that.
The real goal should be reduced government spending rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending.
The discussion in Washington has changed dramatically. I mean it's no longer a question of should we address entitlements - it's no longer a question of do we need to reduce spending in the future.
The Republican argument that raising the debt ceiling encourages additional future spending is logically irresponsible. The debt ceiling has to be raised to authorize spending already approved by Congress. Despite that fallacy the GOP has been able to score political points with its argument.
President Obama has offered a plan with 4 trillion dollars in debt reduction over a decade with two and a half dollars of spending reductions for every one dollar of revenue increases and tight controls on future spending. It's the kind of balanced approach proposed by the bipartisan Simpson-Bowles commission.
Deficits mean future tax increases pure and simple. Deficit spending should be viewed as a tax on future generations and politicians who create deficits should be exposed as tax hikers.