Bingo. Also, don't let 'em fool you. Total spending, not the debt, is the real problem. If government convinces you that debt is the crisis, the next step is to pressure a rise in taxes.
The real issue is the $4 trillion government which need to be cut by at least 80% (=$800 billion, still too large, but it's a start) and replacing it with THE FREE MARKET. HHS bureaucracy alone is $1 Trillion. NUKE IT.
Keep your eye on one thing and one thing only: how much government is spending, because thats the true tax ... If youre not paying for it in the form of explicit taxes, youre paying for it indirectly in the form of inflation or in the form of borrowing. The thing you should keep your eye on is what government spends, and the real problem is to hold down government spending as a fraction of our income, and if you do that, you can stop worrying about the debt. -- Milton Friedman
http://www.realclearpolicy.com/articles/2012/12/18/remember_milton_friedman_spending_is_taxing_382.html
Government doesn’t ever have a revenue problem. At every level they bring in more than enough money to do the job of managing those things that must be publicly owned. But that gets boring and doesn’t garner them the power and wealth they crave, so they wander off the path.
Government has a spending problem. It’s that simple.
Government doesn’t ever have a revenue problem. At every level they bring in more than enough money to do the job of managing those things that must be publicly owned. But that gets boring and doesn’t garner them the power and wealth they crave, so they wander off the path.
Government has a spending problem. It’s that simple.