Sunday, July 29, 2012

Best bargain?

U.S. Government is one of the best bargains
The author of the above article contends that since the American taxpayer is, on average, paying fewer taxes than ever … which probably is not totally true, since the CBO study he cites only started keeping records back 30 years … but who the heck cares. He thinks that makes the U.S. government a great bargain.
His point is that the American taxpayer is getting a whole lot for his buck. In fact, they are getting 20 percent more than 15 years ago. Why that makes it so good is beyond me. I mean, this guy never was a business person and that is obvious.
Let me pose you a scenario. Suppose you own a business and you are losing money. Do you spend more, expand your business, and borrow more in hopes that you can get it back while at the same time you are discounting your prices 20 percent? Well, the auto companies tried that … and I think a few of them went bankrupt and had to be bailed out by the taxpayer. Also, they still are walking a tightrope and offering much less than they did four years ago and had to make drastic spending cuts.
Ok, if anybody else tried this, say your mom and pop store down the street, they would not stay in business very long. How do I know this? Well, I saw a good friend of mine do just that. He and his wife sank a lot of money into the business of theirs, which was a real nice store and they were not charging outrageous prices (actually, they were great deals, but they knew how to buy low and sell higher). Still, they struggled and finally gave up the fight.
Now, Americans are not ignorant (they may seem like it sometimes, but if you put it before them in words they understand, they do). They can tell, just like my friends there, that they are the owners of the business known as the U.S. Government. You know government of the people, by the people and for the people.
They also know from their own personal finances you can live off those credit cards and run them up just so high and then the day comes when it will just come all crashing down on you. A lot of people have learned that lesson these past four years.
Well, the current people who govern us still haven’t got the message (and I guess a lot of voters haven’t either) that you can go on just so long borrowing and borrowing until you dig yourself in a pit so deep that the tiger is going to eat you when it falls in with you.
Oh, you can rob the rich, but that will only get you so much. There aren’t enough rich to make the difference, unless you keep redefining who is rich until you get well down into what used to be called the “middle class.”
No, the American people are not getting a bargain. The American people are spending themselves into oblivion. We could stop doing what we are doing, but then we would stop being insane and I am beginning to think that insanity has overcome the vast majority of Americans (much less the rest of the world … but that is another topic).

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