Saturday, October 19, 2024

The Budget is Screaming, but No One is Listening

The Democrats and Republicans who constitute our government are totally irresponsible with the profligate federal spending levels that both national parties have created and which both national parties choose to ignore.  You might prefer the spending priorities of one party over the other, but any honest examination will reveal that both are equally guilty when it comes to federal fiscal insanity.  Oh they talk the talk; but will not walk the walk.  Since 2000, both parties have simultaneously held the White House and controlled both Houses of Congress for periods of time.  Yet when presented with that opportunity to dictate federal spending policies, they failed to deal honestly with our burgeoning federal debt. 

 

Also beyond doubt is the fact that the Biden/Harris Administration has taken federal spending to levels heretofore unseen.  With total disregard for the cost that will inevitably be thrust upon future generations, Joe Biden and his Democrat faithful have tirelessly sought old, new, and highly creative ways to spend your tax dollars.  Even now, as his VP campaigns to hold the Executive Branch of government for his party and he finishes out his term as a lame duck, Biden stubbornly comes up with yet another student loan forgiveness giveaway (links below)…after the Supreme Court of the United States and our court system has repeatedly told him he does not have the authority to do so.

 

The plain and simple truth is that both parties have surrendered to the irresistible temptation of spending federal taxes in ways that panders to their loyal voters.  They have lost any semblance of moderation or accountability in spending; they have continued their push to create new and creative ways to get more of your earnings into the federal largess; and they have shamefully quit talking about the subject of federal debt, excessive federal spending, and any form of responsible budgetary legislation.  When it comes to national politics, spending is fun; responsible budgeting not so much.

 

The facts are plain.  The problem with excessive federal spending…which leads to federal budget deficits…which leads to astronomical federal debt…is NOT the amount of tax revenue that the government is receiving.  Under the Biden/Harris Administration, record levels of income have been received.  The problem IS that the increases in federal spending are far outpacing the increases in federal tax revenue.  It is NOT that the rich don’t pay their fair share; it is NOT that corporations are overrun with greed and pursuit of profit; it is NOT that that the tax code is somehow grossly out of whack.  The explanation is that our government cannot control its spending jones and will not zip up the federal coffers to control that lustful spending urge.  Here is the reality…

 

THIS is what’s coming in: https://www.powerlineblog.com/archives/2024/10/the-daily-chart-who-pays-taxes-2.php

 

THIS is what’s going out: https://www.newsmax.com/finance/streettalk/u-s-budget-deficit-biden/2024/10/18/id/1184638/

 

Read some more about our federal spending habits:

 

Coming in: https://taxpolicycenter.org/briefing-book/what-are-sources-revenue-federal-government

 

Going out: https://bipartisanpolicy.org/blog/do-you-know-where-your-tax-dollars-go-tr/

 

Kamala Harris and Donald Trump are both guilty as sin for promising increased federal spending in an effort to appeal to potential voters.  If our nation is to return to some semblance of responsible fiscal behavior...we must prioritize all federal spending, reduce some federal spending, and eliminate other federal spending.  We cannot continue to spend a large percentage of our Gross Domestic Product on federal debt interest; that is simply throwing money down a hole.  It CAN be done.  

Remember…  America actually had a BALANCED federal budget as recently as the mid-1990s.

 

https://www.nationalreview.com/news/biden-cancels-4-5-billion-in-student-debt-as-courts-consider-legality-of-loan-forgiveness/

 

https://reason.com/2024/10/17/bidens-student-loan-loophole/

 

https://www.nationalreview.com/2024/10/trump-seems-intent-on-undermining-his-tax-policy-record/

 

https://www.nationalreview.com/2024/07/kamala-harris-going-for-gold-in-the-spending-olympics/

 

Why worry?  Here’s why: https://www.nationalreview.com/corner/why-worry-about-the-rising-federal-debt/

 

Enough about our government’s fiscal illiteracy; let’s move on to the other news of the day…

 

Immigration remains a very hot topic:

 

https://reason.com/2024/10/12/how-did-border-politics-get-so-toxic/

 

https://americanmind.org/salvo/harriss-border-crisis/

 

https://amgreatness.com/2024/10/17/the-broken-u-s-immigration-system-veteran-family-in-limbo-as-illegals-flood-in/

 

https://americanmind.org/salvo/kamala-harris-open-borders-radical/

 

https://nypost.com/2024/10/16/opinion/bill-clintons-health-issues-the-laken-riley-murder-and-border-lies-have-the-dems-in-a-mess/

 

Did someone say “Campaign 2024”?

 

https://amgreatness.com/2024/10/17/election-2024-those-who-lecture-versus-those-tired-of-being-lectured/

 

https://johnkassnews.com/2024-is-1984-for-media-and-kamala-harris/

 

https://thehill.com/opinion/campaign/4929669-elon-musk-renounces-rocket-man/

 

https://amgreatness.com/2024/10/14/the-strange-mythological-campaign-of-kamala-harris/

 

https://amgreatness.com/2024/10/14/the-battle-of-the-sexes-kamala-harriss-only-path-to-victory/

 

https://nypost.com/2024/10/12/opinion/the-new-york-times-cant-make-a-case-for-harris-so-heres-why-im-voting-for-trump/

 

Election Interference is very real.  The fact is that most of it is discovered in a reactive fashion and that discovery occurs too late to rectify its damages and effects…the horses have left the barn.  Was the 2020 election stolen?  Not likely, but we will never know and it is pointless to continue that argument.  What is for certain is that some strange ish took place in that covid-infested political contest and there is no reason to expect that it won’t be tried again this time around.  If you KNOW something is coming and you fail to PREPARE for it…then WHO is to blame for the consequences?

 

https://thefederalist.com/2024/10/14/j-d-vance-has-an-even-stronger-case-for-a-rigged-2020-election-in-the-number-of-illegal-ballots/

 

https://www.washingtonexaminer.com/news/campaigns/state/3195245/michigan-inflated-voter-rolls-scrutiny/

 

https://www.powerlineblog.com/archives/2024/10/doj-goes-to-bat-for-illegal-voting.php

 

https://jonathanturley.org/2024/10/11/adversarial-process-or-oppo-research-judge-chutkan-agrees-to-release-more-smith-material-before-the-election/

 

Partisan politics has infected every single branch of the Biden/Harris Administration: https://www.nationalreview.com/corner/new-reason-to-doubt-that-recent-fbi-crime-statistics-are-sufficiently-complete/

 

Speaking of crime…the George Floyd/BLM riots in Minnesota were a travesty of justice and occurred under this man’s tenure as Governor: https://www.powerlineblog.com/archives/2024/10/in-the-walz-regime.php

 

There are two possible presidential outcomes.  Think about them:

 

https://americanmind.org/salvo/if-kamala-harris-wins/

 

https://americanmind.org/salvo/what-trump-should-do-if-he-wins/

 

National Energy Policy and Climate Concerns are serious problems; but the Harris/Democrat/Progressive enclave has a non-serious approach to them:

 

https://amgreatness.com/2024/10/11/proposed-model-bill-would-improve-electric-reliability/

 

https://justthenews.com/politics-policy/energy/critics-say-kamala-harris-electric-school-bus-program-disastrous-her-work

 

https://amgreatness.com/2024/10/17/for-harris-pro-choice-does-not-include-cars-and-appliances/

 

Our planet is on fire with raging conflicts and war.  The Biden/Harris Administration is not only floundering…it is increasing the planetary danger level:

 

https://amgreatness.com/2024/10/13/americas-national-security-is-far-worse-off-than-four-years-ago/

 

https://amgreatness.com/2024/10/12/the-china-crisis/

 

https://amgreatness.com/2024/10/11/how-the-biden-harris-admin-helped-iran-get-to-the-brink-of-a-nuclear-bomb/

 

https://amgreatness.com/2024/10/13/one-year-after-oct-7-american-voters-face-stark-foreign-policy-choice/

 

Here is a closing collection of three articles that should make you think about the world we are living in today:

 

Speaking of foreign policy…what might the future hold: https://amgreatness.com/2024/10/18/delusion-in-dc/

 

America is in sore need of innovation and new approaches in education: https://www.jamesgmartin.center/2024/10/the-three-year-degree-is-a-good-starting-point/

 

Why can’t they just leave this man the hell alone: https://jonathanturley.org/2024/10/10/colorado-supreme-court-dismisses-another-lawsuit-against-masterpiece-cakeshop/

No comments:

Post a Comment

This Election, Consider the Four “C”s

What are the four “C”s?   They are Constitution, Competence, Courage, and Consistency.   Which candidate can best deliver this?   Let’s take...