I’ve read and looked over several articles on Obama’s proposed budget plan and find it overall somewhat lacking and far from adequate to addressing the budgetary problems the nation is facing. Ultimately the entire government structure of this nation is at fault for the mass debts and deficits and no party can claim innocence in bringing about the problem. Worse though is the continuing attitude of our elected leaders that they can simply spend U.S. taxpayer’s money on unneeded and unnecessary projects that could (and should) either be eliminated or deferred until such time as the nation is in better economic standing.
Among the problems:
1. $1 Trillion over 10 years saving is laughable considering Obama’s hand in racking up the highest yearly debt and deficit in a single year of his Presidency already outstrips this number. Combine that with the corporate welfare the government gave the likes of Wall Street and the U.S. auto industry and it becomes patently ludicrous to think such measly cuts will accomplish anything.
2. Rail lines. I love the idea of high speed rail road lines but the nation honestly does not need them, they are not a top priority in the sea of issues this nation is dealing with. At this point, they are a luxury. Obama wants to keep spending money on unnecessary rail projects. Updated rail lines may seem necessary to some, but for the vast majority of Americans there is no use for this mode of transport. These rail lines can wait until there is a time that allows for their creation by the government. Better still, let private investors and companies take over the railroad system. Knowing that AmTrack is a failure as a business, why should more American taxpayer money go into another unnecessary government funded project that will provide little to no benefit while continuing to expand the deficit an debt. For me, this is considered pork project. Save it for when the country is flush with money, not drowning in debt.
3. $500 million spent to implement ObamaCare. My opposition to ObamaCare and the reasons why (both politically and fiscally) are I believe well known by readers of this blog. Add on top of this Medicare reimbursement rates being cut to doctors.
4. While claiming to want to expand green energy, alternate fuels and more environmentally friendly alternatives it proposes to cut the EPA. While I have no love for the EPA and the fascists that now run it, cutting funding to hydrogen and fuel-cell development doesn’t make sense even as it continues electric vehicle plans. Obviously one lobby got the President’s ear at the expense of another even though both are considered part of the alt-fuels movement.
It’s difficult but all spending needs to be cut to bare minimums to until the debt and deficit are eliminated, not be “reduced” or “controlled”, but eliminated in its entirety. That goal may take decades to achieve, but better to get it done, and get rid the fiscal irresponsible activities it encourages, than suffer even more greatly by ignoring the problem. It’s the only sure way to save the nation from economic catastrophe. Our government officials need to take a hard line position on spending by sticking to the basics and eliminating all else until better economic times and fiscal responsibility prevail. Until then nothing will change as the politicians continue to bungle the nation’s economy and debt.
Ideas to get started with:
- Across the board 10% cuts to all programs.
- Across the board 10% trimming of Federal employees. Alternatively, mandatory reduction of all Federal employee salaries and benefits to that of private employee and implementation of a merit based system that eliminates ineffective workers and rewards hard working diligent government employees.
- Reducing Defense Spending to 15-20% of overall budget.
- Freeze all non-humanitarian aid packages.
- End the tax benefits of U.S. companies sending American jobs over seas. Better still, raise their tax rates to 5-10% higher than those keeping jobs in country to encourage outsourced companies and jobs to return to the nation and grow the economy and jobs.
- Look into creating a new SS system that guarantees the benefits of retirees while creating a new system for the younger generation similar in nation to those adopted in other nations, ala Brazil, et. al.