(04-09-2018 03:29 PM)thespiritof1976 Wrote: (04-09-2018 03:26 PM)JMUDunk Wrote: (04-09-2018 03:03 PM)Redwingtom Wrote: (04-09-2018 02:58 PM)UTSAMarineVet09 Wrote: Let me know when he adds $8T to the national debt.
He's on pace. Already up like 1.1T so far and it's only expected to increase exponentially over the next several years. If he's in 8 years, he'll easily top that barring trickle down economics suddenly working for the first time ever.
What it "trickle down economics"? Is that even a thing?
If we continue with an expanding economy, these forecasts are useless exercises in navel gazing.
That is, of course, if we can hold the line somewhat on the spending side which hasn't happened yet.
Government will never quit spending.
Look at this way, if prostitution, drugs, and gambling were legalized, regulated, and taxed across all 50 states the government would no doubt take in a hell of a lot more revenue but the expenditures would exceed that by at least 2-1.
Well, I've never suggested Government will ever
quit spending.
But geeeez, let's do a couple of relatively simple and common sense things here.
A. Get back to "regular order". No more of these colossal omnibus bills, where no one has read them, they swallow up everything and there's next to no time for people to have a voice or object.
B. Scrap this gddamn idiocy of base-line budgeting with automatic increases across every agency, every position, every expenditure year over year over year. Go to base line budgeting where the dollars need to be justified and shown to be responsibly spent. Further,
incentivize the people at these horribly bloated bureaucracy's to BE responsible. If they can find efficiencies to save a half million bucks (pick a number) from the agency budget. they get x% of whatever is saved. 1%? 5%? If you can get enough people in enough of these places onboard you could see real progress in relatively short period. Right now it's precisely the opposite. The incentive is to spend, spend, spend so they can somehow justify next years budget.
C. Cap any increases to a COL/inflation marker. If inflation is running at 2% then the Fed budget can go up a max of 2%. Currently the budget goes up annually at around 4%, that's
doubling the damn budget every 25 freaking years. That's.nuts. Serious threats or natural disasters are not part of that. With the otherwise saved monies, we will be able to easily afford to address things like that, or dropping a few daisy cutters on dress wearing cave dwellers.
Long past time for a Big, Asss, Federal, Hair Cut.