On the Proposed Budget

Government spending has gone well beyond the cliché “out of control”. It’s becoming absolutely ludicrous. With such large numbers as “trillions” being tossed around and no one to bring some gravity to the figures, I thought an analogy was in order.

Let’s say that you are an individual and your after tax income is $145,000 per year. You have borrowed against your home, car, boat, dog, and what’s left of your good name, spent lavishly with your credit cards, and racked up around $1,100,000 in debt.

Would you then go out and spend $360,000+ more this year?!?

Would this be responsible? ABSOLUTELY NOT! Yet this is exactly what our president wants to do with his $3.6 trillion dollar budget; a budget that is roughly 3 times true government revenue (social security income does NOT count!) at a time where the national debt is over $11 TRILLION dollars!!! The above example has all the same ratios, the numbers are simply missing 6 zeros!

“..public debt [is] the greatest of dangers to be feared. To preserve our independence, we must not let our rulers load us with perpetual debt. If we run into such debts, we must be taxed…If we can prevent the government from wasting the labor of the people, under the pretense of caring for them, they will be happy...I hope a tax will be preferred [to a loan which threatens to saddle us with a perpetual debt], because it will awaken the attention of the people…The frequent recurrence of this chastening operation can alone restrain the propensity of governments to enlarge expense beyond income." – Thomas Jefferson

So what if this $3,600,000,000,000 was paid for with a tax this year instead of debt? It would come out to be $32,000 per household!!! The median household income in the US is roughly $50,000…that means a tax of 64% would be required JUST TO COVER THE PROPOSED BUDGET!

Out of control does not even begin to describe what is being proposed here.