The Problem Is Not The Income

The Wall Street Journal posted an article yesterday about the amount of tax revenue the federal government collected for fiscal 2015. The good news is that the government collected a record amount of money–$3.249 trillion. That is an 8 percent increase in revenues for the year. The bad news is that the government still managed to spend more than it took in. The budget deficit was $435 billion–a decline of $48 billion. The article notes that although the decline is small, it is huge for the seventh year of what the government claims is an expansion. The article also notes that inflation is growing by less than 2 percent.

The article reports:

The reason for the small decline is that spending for the fiscal year climbed 5.2% to $3.685 trillion. That increase came even though defense spending fell $16 billion, or 2.7%, thanks to the drawdown in Afghanistan.

The spending burst included a 16.1%, or $49 billion, increase in Medicaid for the first full year of ObamaCare. Medicaid spending has climbed $85 billion to $350 billion in two years, and that’s with 19 states declining to join.

The Congressional Budget Office also cites a $30 billion, or 51%, spending increase for the Department of Education—“mostly because of an $18 billion upward revision in the estimated net subsidy costs of student loans and loan guarantees issued in past years.” Translation: Mr. Obama’s takeover of the student-loan business is costing far more money than advertised, probably due to growing defaults.

Let’s put these numbers together. Inflation is less than 2 percent. There was an 8 percent increase in revenues collected by the federal government. There was a $435 billion deficit. These numbers are unsustainable. They will assure the destruction of America. We need to elect people to Congress and the White House who will cut government spending. It is a national disgrace to have an 8 percent increase in revenues and still have a deficit. It is time for any rational members of Congress to demand a spending cut.

Laziness Is Not An American Problem

On Saturday, the Daily Caller reported that President Obama blamed America’s financial difficulties on laziness and stated that the cure is more central government. Huh?

He stated that America has been lazy in recent decades about attracting foreign investment.

The article reported:

In September, after saying the U.S. had lost its competitive edge, Obama also suggested the cure lies with Democratic policies. The country can recover its competitiveness, he said, because the country has “the best universities, the best scientists, and best workers in the world.” Many Democrats routinely say they support education, science and labor, and that Republicans oppose all three.

That is truly a spin on the truth. Republicans actually do support education, science, and labor–just not controlled by Washington, D.C. The cost of education was lower and SAT scores higher before the Department of Education was created. Education does better when it is controlled at the local level–less money is spent on administration and the needs of the individual community can be met much more efficiently. Science does very well when it is allowed to work under the rules of free enterprise. When government interferes in free enterprise, bad things happen (Solyndra, for example). Republicans do not oppose labor–they do oppose labor interfering with the rights of corporations to build plants and employ people wherever they choose (Boeing in South Carolina).

Americans are not lazy–they are being severely limited by over regulation. The intrusion of the federal government into the everyday lives of Americans has become totally ridiculous. The government has shut down the Central Valley in California to preserve a fish that may not even be a separate species. Because of that action, many more Californians are out of work and all Americans are paying more for groceries. The government is about to put regulations into effect that will increase the cost of electricity for every American by at least 10 per cent. The problem is not laziness on the part of Americans–the problem is government overreach.

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