Now this I agree with. I think if we all went on a one-year spending freeze, the severe contraction in discretionary consumer spending would make a huge statement on how far we will go to avoid feeding the government beast.
Unfortunately, that would also hurt the real economy. But you can’t fight a battle without taking some hits.
“Now this I agree with. I think if we all went on a one-year spending freeze, the severe contraction in discretionary consumer spending would make a huge statement on how far we will go to avoid feeding the government beast.”
I think another good tack is to spend and act in a very tax conscious manner. Pretty much all of us pay some level of taxes. Render unto caesar. But there is nothing that says you can’t structure your affairs so as to render less. If you buy say a new shirt, you’re going to pay for the shirt and the taxes associated with it. Buy that same shirt for cash at a garage sale, and there really isn’t a tax impact. Homespinning probably isn’t realistic for most people. But other forms of self-reliance such as gardening, fixing your own car, sewing clothes, brewing your own beer etc. are well within most people’s grasp.
Just think of it as a conservative form of protecting mother earth and reducing your carbon footprint (LOL)!
We also need to remember that by owning debt, we’re essentially subsidizing it. Those savings bonds need to be dug out of the sock drawer and cashed in.