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I agree.The United States is the only country in the world that villifies and castigates its oil and gas sector. It is the only country that penalizes that industry's successes and actively seeks out venues which would ultimately result in its demise.
Here is the current federal budget in billions:
OtherSpending 199.6
Transportation 102.6
Defense 902.2
HealthCare 846.1
Pensions 819.7
Protection 62
Interest 224.8 -> Better pray there isn't a spike in interest rates!
Welfare 451.9
GeneralGovernment 33.6
Education 153.1
TaxReceipts = 2468.6
Deficit/Surplus = -1327
Politics aside what does the MATH say needs to be done? Remember these figures when
the bubble heads on MSM start babbling about deficit reduction be cutting one billion dollars here or one billion there.
The MATH says something more drastic is required.
Here is my budgett:
OtherSpending 199.6
Transportation 200 -> doubled budget for infrastructure
Defense 440 -> halved defense spending
HealthCare 450 -> slash medicare/medicaid
Pensions 450 -> move retirement age up to median life expectancy - 7 years.
Protection 62
Interest 224.8
Welfare 250 --> cut by 200 billion
GeneralGovernment 33.6
Education 153.1 -> kept the same but I want it reorganized.
Result: balanced budget.
You can prance and cry but MATH is MATH. I pay too much in taxes and I don't trust
that the government would just keep on spending beyond its means if they raised taxes.
I'm thinking that if I used the US Constitution as my guide, I could probably make the budget quite smaller.
I'm thinking that if I used the US Constitution as my guide, I could probably make the budget quite smaller.