Stop growing the nation’s debt
So, the government is sending us more money for pandemic relief.
I’m not
going to complain. I have a need for the money, or more accurately, my car has
a need for the money. A broken air conditioner and four balding tires will eat
up a big chunk of the check Uncle Sam says is coming.
That
being said, I lied to you. I am going to complain. As much as I can use the
money — and I will use it — I would rather not have it in the first place. I
know that’s hypocrisy, but the way I see it is it was my money to begin with.
After all, the government can’t give what it first hasn’t taken. Actually,
that’s the way it’s supposed to be. Our government quit doing that and has been
digging us deeper into debt than we can ever pay back for many generations to
come.
At the
time of this writing, the United States is about $28 trillion in debt. Of that,
$1.9 trillion is being spent on the latest pandemic-related economic stimulus.
That doesn’t count the trillions that were spent last year under the Trump Administration.
The dollar figures we are talking about here are unfathomable. The debt we are
creating is unconscionable.
Taking
a look at the latest $1.9 trillion stimulus alone, that is more than $5,789 per
person in the United States (and more than $247 per person worldwide). When you
consider that there are about 145 million taxpayers out of the 328 million
people in the country, that comes to $13,103.45 per taxpayer. That means the
federal government has taxed each tax-payer more than $13,103 and given back
$1,400 to some but not every taxpayer.
The top
wage earners (the ones who contribute the most) will see little to none of that
money. Most of the money will go to those who paid far less (if any) in taxes
than they will receive in stimulus money. Is it just me or does anyone else see
something wrong with this picture? Granted, most of the money is going to
economic programs, but that’s usually another way of saying pork.
I’m not
an economist and I’m far from being a financial expert (I barely passed math in
school), but I can clearly see that what the government is doing makes
absolutely no sense at all. In order to give us a tiny economic boost now,
Uncle Sam has indebted our great-great-grandchildren. And there is no end in
sight to the spending spree in D.C. President Joe Biden campaigned on, and is
now prepared to deliver, a massive tax increase. That money isn’t going to be
used to pay off debt, but rather to grow the government and increase our debt.
How
do we stop the madness?
The
only way to control the country’s finances is to first control the spenders —
every member of the Senate, House of Representatives, and the White House. It
doesn’t matter which party is in control, both are equally guilty of digging us
deeper into debt. Republicans voted for stimulus spending under Trump and
Democrats under Biden. Both have voted to raise the debt ceiling in the past.
My
recommendation is to eliminate career politicians. We have term limits in the
White House and we need them for both houses of Congress. If a president can’t
hold office any longer than eight years, why should anyone in the House or
Senate? When politicians are less concerned about re-election, they can be more
concerned about representing the best interests of their constituents.
We also
need a balanced budget amendment to the Constitution. The federal government
should be required to live on less than it makes, not more. Part of the budget
needs to include a funding category for debt reduction. Our government should
be required to determine where it will get every dollar it spends rather than
deepening the debt hole. If our elected officials cannot do this, they need to
be replaced. It’s simple accountability.
Another
thing we should strive for is political unity. As Republicans, Democrats,
independents, etc., we have more in common with each other than not, but you
wouldn’t know that in the halls of Congress and on talk shows across the
airwaves. Just because an idea comes from the other side of the aisle doesn’t
mean it lacks merit.
As
Stephen Covey wrote in “Seven Habits of Highly Effective People,” “Seek first
to understand, then to be understood.” Before vilifying something just because
it comes from the other party, hear them out and study it. It’s better to come
back with constructive criticism than a blanket rejection.