The President Wants A Raise For Government While The Rest Of Us Cut BackJul 07, 2011
Let's say the president or owner of a company hires someone specifically to take charge of the company's budget. He promptly spends all the money in the budget on many things not necessary to the core of the company's business. Heck, in fact, let's just say he didn't even draw up a budget, but spent the money as it came in. Then, needing more money to meet the company's actual obligations, he goes out and borrows money — no problem, right? After all, he has revenue coming in each day as customers pay for the company's products and services. He can at least pay off the interest with that money. But then something happens. The company's creditors call (not all of whom have your best interest at heart) and tell him that the company's reached its limit. Follow me, so far? Now, he has no more options. He's run up so much debt, interest payments are the largest item in the budget he's never quite written and the only option left is to ask the boss for more money. Perhaps raise the prices on the company's products and services, even though if he does that, he'll dry up the customer base and end up with less revenue and have to lay-off employees.
Ring a bell? Substitute Barack Obama and the liberals in Congress for the employee and the taxpayers for the boss. They've blown through all the money we've given them — and more — while not even passing a budget for two years. They borrowed and borrowed and can't borrow anymore. So, now, they want, in effect, a raise from us! "Fork over more dough, boss, we're not done yet!"
Oh, yes, they are! The massive, incomprehensible debt rung up the last two years (piled on to a pretty large starting block, granted) threatens our country with a pending, Greece-like economic chaos and/or the further sucking up of hard-earned income to the federal spending machine. It puts at risk the well-being of each and every working family.
Limiting the role, scope and activity of the federal government is the only proven way to solve the impending economic meltdown — not only from a fiscal standpoint, but from fostering the liberty and freedom that encourages job creation. Has anyone ever heard of a corresponding relation to mammoth government and freedom? Mammoth government and economic prosperity? No. It's quite obvious, from history, that the larger government grows, the less liberty a country has; and less liberty means less prosperity.
If our fictional company budget chief were to spend the company silly, then go back and ask for a raise, which is, in essence, what the president is insisting on with his demands for tax increases, how long do you think it would be before the big boss sent him packing? Two years? Okay, right away. But remember. We're the boss. We hired these guys. Our next board meeting is November 2012.