The FED monetizes the debt. Uncle FRN lends Uncle Sam the loot. Ping-pong progressive plunder continues unchecked. Legislative totalitarians living large roam the republic from sea to shining sea. The armed forces back it all up. Distractions forthcoming, if necessary. It's win/win.
not that diffucult - cut EVERY agencyy by 5% per year untl the budget balances and runs a surplus. use the surplus to buy down the debt.
Thanks for posting this.
Anyone heavy into couponing knows from practical experience just how easy it is to save money. Just on parking fees alone I saved about $50 in the past few months by using coupons. Give me the federal budget and I could easily pick out the places to cut to yield 15% in savings. I bet Obama nor most of the Democrats ever used coupons and it shows in their unthinking wild and unnecessary spending.
And Clinton-Era Welfare, Immigration, etc.
What I have learned is that when conservative say
CUT SPENDING
liberals and the media hear
“CUT PROGRAMS
that is totally end entire programs (or shut off people completely from necessary social services).
The idea that spending can be cut without changing outcomes, by eliminating waste, is something liberals either dont understand or dont want to understand.
Now, there are some programs that duplicate other programs or accomplish nothing. I am not saying we could never ever end a government program.
But the topic of CUTTING SPENDING has been transformed into always meaning nothing else but TERMINATING ENTIRE PROGRAMS.
Or cutting recipients of benefits off completely, so that people are starving in the streets living under a bridge.
For liberals and the media, budget cutting is a light switch: You cant turn down the brightness. You have to cut off an entire line item completely.
For conservatives, cutting spending is (usually) a DIMMER SWITCH. You can dial it down without turning the lights out completely.