There’s More To This Hole Than More Digging Problems
By: Doug Busselman, Executive Vice President
The current thinking seems to be that the Trillion dollar federal deficit is a bummer because it might not allow for even more spending. Excuse me? Does this mean no one has gotten the memo that you can’t spend your way out of a hole?
We have to wonder if those who wish to take credit for what they want us to believe has been a successful turn-around of our economy (except for all the unemployment, business failures, home foreclosures and troubling little details like that) are going to be as willing to accept the responsibility for the tax increases they are going to have to do in the not so distant future? That will probably be something that they will still be blaming the last President for, since that seems to be the thing they do almost as well as spending.
With their media companions apparently drinking the same Kool-Aid, it makes one question if the majority of the general public is swallowing this government-is-the-answer formula?
History has suggested that if you tell a lie often enough and it is repeated as well – people will start believing it’s the truth. Is that where we are now?
It seems that there should be some recognition that the same party is in charge of the U.S. House, the U.S. Senate, the Nevada Assembly and the Nevada Senate. Each of those legislative bodies have the responsibility for how government spends money…that’s one of their more important jobs. In each of those elected bodies, spending more money than they have has been their selected strategy.
In Nevada the spending increases (because we aren’t supposed to have Trillion dollar deficits) was taken care of by a Billion dollar package of tax increases. The inconvenience of not having enough tax dollars for next session’s spending binge is being worked on by a $500,000 tax study. With the help of a yet-to-be selected consultant and a group of hand-picked “stakeholders” we’ll get to see what they can come up with for ways of separating more of the private sector’s dollars from those who earn those dollars – so government can spend even more.
Before becoming a target as a Democratic-bashing wing-nut (likely to be the case anyway) I would like to note (and boldface for emphasis) that Nevada Legislative Republicans were also involved in Nevada’s run-away spending increase and without the votes that Senate Republican leaders brought to the table, the Billion dollar tax increase wouldn’t have happened. The inability to practice fiscal responsibility is a bi-partisan failing and will only be corrected when individual representatives are held accountable through the election process.
When those we elect are made aware (by those doing the electing) of the need to maintain government’s boundaries in a much more limited fashion, we will see the current situation turn-around. Until then, the tax-eaters better hope that the taxpayers don’t quit what they are doing and join them at the government trough.
The current thinking seems to be that the Trillion dollar federal deficit is a bummer because it might not allow for even more spending. Excuse me? Does this mean no one has gotten the memo that you can’t spend your way out of a hole?
We have to wonder if those who wish to take credit for what they want us to believe has been a successful turn-around of our economy (except for all the unemployment, business failures, home foreclosures and troubling little details like that) are going to be as willing to accept the responsibility for the tax increases they are going to have to do in the not so distant future? That will probably be something that they will still be blaming the last President for, since that seems to be the thing they do almost as well as spending.
With their media companions apparently drinking the same Kool-Aid, it makes one question if the majority of the general public is swallowing this government-is-the-answer formula?
History has suggested that if you tell a lie often enough and it is repeated as well – people will start believing it’s the truth. Is that where we are now?
It seems that there should be some recognition that the same party is in charge of the U.S. House, the U.S. Senate, the Nevada Assembly and the Nevada Senate. Each of those legislative bodies have the responsibility for how government spends money…that’s one of their more important jobs. In each of those elected bodies, spending more money than they have has been their selected strategy.
In Nevada the spending increases (because we aren’t supposed to have Trillion dollar deficits) was taken care of by a Billion dollar package of tax increases. The inconvenience of not having enough tax dollars for next session’s spending binge is being worked on by a $500,000 tax study. With the help of a yet-to-be selected consultant and a group of hand-picked “stakeholders” we’ll get to see what they can come up with for ways of separating more of the private sector’s dollars from those who earn those dollars – so government can spend even more.
Before becoming a target as a Democratic-bashing wing-nut (likely to be the case anyway) I would like to note (and boldface for emphasis) that Nevada Legislative Republicans were also involved in Nevada’s run-away spending increase and without the votes that Senate Republican leaders brought to the table, the Billion dollar tax increase wouldn’t have happened. The inability to practice fiscal responsibility is a bi-partisan failing and will only be corrected when individual representatives are held accountable through the election process.
When those we elect are made aware (by those doing the electing) of the need to maintain government’s boundaries in a much more limited fashion, we will see the current situation turn-around. Until then, the tax-eaters better hope that the taxpayers don’t quit what they are doing and join them at the government trough.
Posted by Doug Busselman at 10/17/2009 6:37 AM 
Categories: Government
Tags: Federal Deficit Nevada Spend and Tax
Categories: Government
Tags: Federal Deficit Nevada Spend and Tax
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