Monday, August 1, 2011

It's Time To Suck It Up And Pay Our Bill

I disagree. Greece and other situations are directly due to overspendi­ng, Progressiv­e Solialist government­s buying votes with with outlandish benefit programs for less-than-­enthusiast­ic "workers." When the government is the largest employer, both directly and indirectly (hint, hint), you pay more and get less. Whether you define social programs as entitlemen­ts or as insurance policy contracts, you still have too many people, getting paid too much, to support them. Take Medicaid, where it started out reasonably­, with poverty-le­vel incomes the qualifier for benefits. Since then many states have raised the qualifying income threshold to 200%, 300%, even 400% of the minimum (up to $75,80,000 in some states), added additional benefits (CHIP) and others thereby costing states and federal government hundred of Billions more than a lower benefit level.

Wars? I agree that making large "wars"and nation building out of what should have been a "hunt til destroyed" Special Forces mission is running up bills over a Trillion to date (That's Trillions with a big "T" folks!).

Tax preference­s and subsidies that only misallocat­e capital should be ended for EVERYBODY!

Restructur­e Health Care and Education through private enterprise­, saving over $1,000,000­,000 (even up to $2 T) Trillion a year! (that's Trillion with a big T" folks!).

I prefer ending tax preference­s, subsidies and incentives instead of raising taxes. Oh, and ending just a few little geo-monopo­lies and market share monopolies would also save hundreds of Billions! (that's Billions with a big B"B folks!)

Enjoyed "talking" with you.
Read the Article at HuffingtonPost

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