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Of Fiscal Conservatism

Last updated on September 5th, 2012 at 04:07 pm

Dathan Mitchell, Shelby PublishingIt is time for those who are truly proud to be an American to take back our country from those who have betrayed us. There has never been an election in my lifetime that was any clearer than the one coming up in 2012. Let’s stay prayed up for America before it is too late and we sink into the very bottom of the pit.

You can’t continue to spend more than you take in, even if that’s your “style” or appetite. Yes, we need to close up the loopholes on taxes and let everyone be treated fairly, but stop the foolishness that we have been accepting for way too long.

If there was ever a time in the history of America for all of us to, first and foremost, pray, educate ourselves on which politicians will or will not cut back on spending and cut back on entitlements and which ones will do the right thing for America (not try to get re-elected a week after their election), the time is now. We need to give everyone in Washington and every state capital a pink slip if they are not a fiscal conservative and a no-new-tax supporter. I mean no new taxes on anything whatsoever.

A friend of mine sent me a very clear explanation of today’s problems in Washington. When you remove most of the zeroes, you see a clearer picture.

[gn_box title=”Federal Budget 101″ color=”#33ff33″]

U.S. income: $2,170,000,000,000

Federal budget: $3,820,000,000,000

New debt: $1,650,000,000,000

National debt: $14,271,000,000,000

Recent budget cut: $38,500,000,000 (about 1 percent of the budget)[/gn_box]

It helps to think about these numbers in terms that we can relate to. Let’s remove eight zeroes from these numbers and pretend this is a household budget for the fictitious Jones family.

[gn_box title=”The Jones Family budget ” color=”#FFCC00″]

Total annual income for the Jones family: $21,700

Amount of money the Jones family spent: $38,200

Amount of new debt added to the credit card: $16,500

Outstanding balance on the credit card: $142,710

Amount cut from the budget: $385 [/gn_box]

So in effect, last month Congress, or in this example the Jones family, sat down at the kitchen table and agreed to cut $385 from its annual budget. What family would cut $385 of spending in order to solve $16,500 in deficit spending?

It is a start, although hardly a solution.

Now after years of this, the Jones family has $142,710 of debt on its credit card (which is the equivalent of the national debt).

You would think the Jones family would recognize and address the situation, but it does not. Neither does Congress.

The root of the debt problem is that the voters typically do not send people to Congress to save money. They are sent there to bring home the bacon to their own home state.

We as God-fearing, country-loving Americans had better change our standards for who we put in office before it’s too late.

To effect budget change, we need to change the job description and give Congress new marching orders.

It is awfully hard, but not impossible, to reverse our course and tell the government to stop borrowing money from our children and spending it now.

In effect, what we have is a reverse mortgage on the country. The problem is that the voters have become addicted to the money. Moreover, the American voters are still in the denial stage and do not want to face the possibility of going into (financial) rehab.

The only problem I can see with the explanation is that the fictitious Jones family can’t just print their own money at will (like our Congress can) and so at some point in time, no one will continue to loan them the money…which will probably happen to our government soon also.

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