Tuesday, August 16, 2011

Budget Mess? How Hard Is It To Fix? Really???

So, for some time now the government has been spending money that it doesn't actually have. This is what creates this 'deficit' that has now reached epidemic proportions, effectively ruining the credit rating for the actual country itself, as crazy as that sounds. What I really don't get is how it is so difficult for the government to realize that you CANNOT SPEND MONEY YOU DO NOT HAVE IN YOUR ACCOUNT!

When regular Joe Blow does things like that, he goes to jail, unless he is fortunate enough to realize he is spending too much money and actually sits down and budgets his finances vs income to even things out. This isn't exactly a STRANGE concept, there, Washington, get your ass in gear and get it done. Here's how you do it:

Let's say, for ease of mathematical equations, that the deficit is 100 billion (yah it is much higher than that, but bear with me here). Now let's say there are 10 government programs/entities that are spending that money. Again, yes, there are thousands more, but this is for demonstration purposes, and the percentages are completely made up, stick with me here.

1) Welfare 20%
2) Military 15%
3) Medicare 15%
4) Student Loans 10%
5) Food Stamps 10%
6) HUD Public Housing 10%
7) NASA 5%
8) EPA 5%
9) USDA 5%
10) IRS 5%

So, you take 200 million out of welfare, 150 million away from the military and medicare, 100 million each from student loans, food stamps, and public housing, 50 million from NASA, the EPA, USDA, and the IRS.

BOOM, problem solved. Oh, it isn't meant to be easy, and it would be political suicide for whoever did it because everyone is going to be angry and feel they got 'screwed', but the plain fact remains that this is the easiest and most responsible way to actually fix this problem.

Unfortunately the current administration is going to be too busy with this 'national health care' crap, and will likely go after guns in his second term, instead of doing what he actually needs to do, which I have listed above.