Bloomberg columnist Kevin Hassett says now is the time to tame the beast and cap all government spending before our government porks out so much it ends up crushing us with its uncontrolled budget obesity.

This is important to bear in mind as we move forward to the general election. We don’t have a deficit because of Iraq, or the tax cuts, or the drug benefit. We have a deficit because the government grew fat. We can’t fix that with tax increases. Uncle Sam must go on a diet.

A simple way to start would be this: Whoever is elected president this November should pledge that he or she won’t spend $1 more than we currently plan to. If Bush had done that seven years ago, we would be in a different world.

Anyone listening in Lake County?

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • StumbleUpon
  • Google
  • TwitThis
  • Mixx
  • Propeller
  • Furl
  • Reddit
  • Technorati
  • Slashdot
  • blogmarks
  • YahooMyWeb
  • Live
  • SphereIt

Technorati Tags: , ,

  • Don’t Cut Spending - Raise Taxes?
    A newspaper column explains why Northwest Indiana will never pare back government spending and will always look to raising taxes...
  • No New Tax — Cut Back!
    TheĀ  Northwest Indiana Times says what many in Lake County are thinking: We oppose the 1 percent county income tax...
  • How High Will Lake’s Income Tax Be: 1%, 4.5% or More?
    The one percent Lake County income tax is just a start on the road to more and more tax increases....
  • Las Vegas Suffers as Spending Drops
    Las Vegas is feeling the effects of the softening economy -- people aren't spending as much as they used to...
  • Time For A COIT Revolution?
    Professor Maurice Eisenstein calls on Lake County's taxpayers to picket their elected officials if they support the imposition of a...


  • Comments

    Leave a Reply




    Blog Indiana 2008
    Indiana Top Sites -- Indiana's Best Websites Vote for Us on Top Sites of America Web Sites List!
    Blog Flux Directory Local Blogs - Blog Top Sites NWI Blogger