It seems all Americans are on a budget except for President Obama, who is leading us into a projected deficit of more than one trillion dollars this year. Obama is once again planning to spend more than what the government is receiving in taxes, while he claims to help the economy.
The millions of dollars taken out of paychecks every year to keep our government up and running is plenty without the addition of Social Security or Medicare. Unfortunately, that’s something I will have to take up with Franklin D. Roosevelt, not our current fearless leader.
At any rate, why is it the GOP can always manage to pinch pennies while Democrats are more apt to encouraging projects worth millions of dollars? Maybe this year things will finally change as the brand-spanking-new Republican legislature is proposing budget cuts that add up to amounts well above the $30 billion mark, according to an article in the New York Times (www.nytimes.com).
There is even an especially conservative sect of the GOP asking to slash three times that from the budget. According to the Washington Post (www.washingtonpost.com), the cuts will hit domestic agencies like housing and transportation the hardest. The question is, will these budget cuts hurt our barely rebounding economy? I don’t think they will. It has always been my opinion the more the government backs away from businesses, the better off we’ll be.
The economy has always had its highs and lows, but for the most part, it has required very little help from any federal agency. So why try to change the way we do things? The way I see it, fewer deficits are good, less government spending is better and an economy free of government interference is best.
I encourage everyone to write to your state representatives and tell them to keep their hands in their own wallet and away from yours. TAS