Thursday, April 9, 2009
Income/Spending Should Match
The numbers are outlandish. Obama is asking for another $83 billion to fund the wars in Iraq and Afghanistan through the end of this year. How much longer can this administration spend like drunken sailors on shore leave before they tell America the uncomfortable truth:
"We have to raise your taxes."
I'm ok with big, expensive government, but it seems to me that the US taxpayer isn't getting a very good return on her investment these days. We are spending to bail out wall street, the auto industry, the insurance industry and now for more war. While some of the bail outs might "trickle down" to average Americans, by creating jobs, its hardly creating a direct benefit at this point.
On the war front, can't we just admit this was a bad idea, get the hell out, save lives and money? What exactly are we trying to do at this point? $83 billion would help an awful lot of people with mortgage payments, groceries, medical bills etc..
In the end I have to wonder how we are paying for all this. Big spending government can work (although I do wish they were spending differently), but so does fiscal responisibility. The national debt is growing exponentially these days, and I don't want my kids saddled with debt on our fiscal irresponsibility. They didn't make the terrible choices that got us here.
If America is going to pay it's way out of this crisis, then America needs to start paying. That means higher taxes and less borrowing. We need to be responsible for future Americans.