Challenge: Can you balance the budget ?

Discussion in 'Economy' started by dschere, Sep 12, 2012.

  1. dschere
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    dschere Rookie

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    Sorry I posted this under the wrong category!
     
    Last edited: Sep 12, 2012
  2. Mr. H.
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    Mr. H. Diamond Member

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    Just change your username to douchere and no one will notice.
     
  3. dschere
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    dschere Rookie

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    I agree.
     
  4. RetiredGySgt
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    RetiredGySgt Platinum Member

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    I assume other spending includes foreign payments.

    Other spending 150. Let the gee wiz types figure out where to cut.
    Transportation 102.6
    Defense 1000
    Health Care 0 It is not the responsibility of Federal Government to fund health care
    Pensions 819.7
    Protection 62
    Interest 224.8
    Welfare 0 It is not the Federal Governments job or authority to fund welfare.
    General Government 33.6
    Education 0 Federal Government has no authority to fund education.

    That leaves 173.7 Surplus.

    Since I do not know the exact figures in your break down for Social Security I assume maintaining it would not work as I have listed. The Government owes tons of money to SS. I would use the surplus to begin paying it back. I would look at raising taxes to meet our requirement on Social Security.

    The zeroed parts are all Local or State functions. The States need to pay for those if they want them.
     
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  5. alan1
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    alan1 USMB Mod Staff Member Supporting Member

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    I'm thinking that if I used the US Constitution as my guide, I could probably make the budget quite smaller.
     
  6. dschere
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    dschere Rookie

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    Do it. put some numbers down. I found that this is a good exercise that filters out all the crap that I hear on all sides of the debate.

    Its simple: the MATH says we have to cut drastically, period.

    Do you see that "Interest" portion?

    The bond market sets that. Pray to god we never get an interest rate spike like they have in some
    of the European countries. The "Interest" portion will engulf EVERYTHING.
     
  7. EdwardBaiamonte
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    EdwardBaiamonte Gold Member

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    Yes, the Constitution called for very very limited government but Demcorats have slowly been subverting it. This is why Republicans have introduced 30 Balanced Budget Amendments since Jefferson's first and why liberals have killed every one of them.
     

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