Thursday, November 19, 2009

JammieWearingFool

Government feeds it own inertia. The only way to stymie its growth is to take away the money. Furthermore the Federal practice of extending national debt must be regulated, presumably by a Constitutional amendment. Take away the money stream and with it the temptation to use income redistribution as a social equalization tool.

Social Security, Medicaid and welfare programs of the last 45 years have proven that cost expansion cannot be controlled and the target citizens as a class not effectively raised.

There will always be have and have-nots in a system where productivity is rewarded. The socialistic objective to level economic differences succeeds only when the economic level is at the lowest common denominator. Socialism is like friction to capitalism.

I am a FairTax advocate, and while deficiencies in that are present, the effect in its implementation is a fiscal reboot. A reboot that would require demonstrable causality for installation of spending programs.

The following is a good post that describes how stimulus money is being used to fund studies that hypothesize new methods of taxation. Like taxes on cigarettes, the Federal government is seeking another revenue stream, under the auspice of making fattening foods more difficult to purchase.

JammieWearingFool




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