Stimulus Disaster – The Boomer Legacy

Massive government spending does not and will not work. We know that we cannot “spend our way out” of a recession. The only thing that can restart the economy is tax incentives that will encourage businessmen and new entrepreneurs to build and grow their companies.

We know it; the Republicans and Democrats alike know this. It is an incontributable truth. Why then are the politicians doing everything BUT this?

Could it be that the politicians are causing us to suffer through an extended “economic crisis” and delaying the recovery for their own selfish power grabbing political ends?

Talk about playing with fire; trillions of taxpayer dollars being wasted and decades of debt-burden; all with money that we do not have. 

As the Baby-boomers retire, fewer producers will be available to support the sick and aging. As we go ahead, the American economy will need to be more robust and financially sound, not less.

The current planned “recovery stimulus” is exactly the wrong plan for America. We know that economic disaster will certainly result. The excessive trillion-dollar spending spree is guaranteed to severely burden our kids and their kids’ economic futures.

 

As the next generations grow up, what will they think about the Boomers who stole their economic prosperity?

 

                                                        Thomas Llewellyn   

                                                        Milford, Michigan

 

Boomers Re-think Stimulus

The constant “economic crisis” mantra from the Whitehouse, has been fairly effective at rushing a whole series of bloated U.S. legislation through Washington.   But the cry of economic “wolf”, is starting to wear thin with thinking Americans.

Most of the economic stimulus packages being blasted through congress, are (by definition) full of wasted federal money. The rest of the country, has started to realize that eventually this money will have to be paid. 

When it is time to pay back the trillions of dollars, future generations will be burdened to the breaking point. The debt service [interest charges] alone, will tie-up the bulk of the tax revenue for years.

But the real problem for Boomers is the run-away inflation caused by flooding the financial market with devalued currency. We have seen it all before. Jimmy Carter style inflation, dramatically devalues fixed-income retirements and long-term savings.

Throwing trillions of dollars at our economic turndown, may be a little excessive. We already know that the only responsible course of action is to introduce a limited stimulus plan, maybe one-fifth the current proposals.

Stepping back from the economic crisis, we can now start to focus on only true economy boosting actions. Step one will be to help those who build businesses and create opportunities for long-term hiring growth. In addition, financial companies if viable, would be getting loans [not gifts] for equity. 

Next, with a down-sized economy, the government must also be down-sized. If non-critical activities were eliminated, much of the current federal budget could be reduced.

Let’s expect government to act as responsibly as the citizens when it comes to tightening-our-fiscal-belt. 

                                                                Thomas Llewellyn

                                                                Milford, Michigan

 

Viability (of Our Government) in Question

With all the talk about the viability of automotive companies, no one is asking what the U.S. government is doing about its’ own viability. Is anyone demanding to see the government down-sizing plan?

Let’s right-size the government. After all, the government is only there to serve us, the citizens. We are being asked to live within our means and to act fiscally responsible. 

Can we dare ask our government to act responsibly with our tax money and that of our children? What about the Federal departments that will be closing and buildings sold? Naturally, there would have to be commensurate reductions in personnel and budget appropriations. A broadbased viability plan would certainly include major concessions from the remaining civil service unions in the areas of compensation, health care and retirement benefits.

As a sign of good faith and fairness, drastic staff reductions would need to occur throughout all offices of the Senate and Congress. The elimination of private jet and limo services, boondoggle trips and a reduction in retirement and legislator health benefits, would be necessary. 

Significant budget cut-backs across the board, would need to be mandated and monitored by private citizen committees with Cabinet Members being grilled in televised quarterly hearings.

To some, this all sounds so extreme. To others, it’s just politically impossible. To me, this only seems fair. If we had real leadership, this would be a balanced approach in protecting the future of our country.

Tom Direct Talk 

2009 A Bold New Year Conservative Resolutions for All. Develop our NEW CONTRACT FOR AMERICA. This will establish a clear philosphical standard from which to operate. As a practical outline, it will galvanize our cause and allow all to focus on our progress. Build a coalition around it of principled players. Local, State and Federal politicians that will sign the New Contract and hold to it. Focus the multi-party base on saving America’s future. We all know that we cannot let the government tax away our future and the prosperity of our future generations. Educate outside the base that our principles work. Teach that limited government & lower taxes are good for all. Promote our own Responsible and Green program. We need to allow America to prosper and grow with our clean plan. Plan a range of family focused legislative corrections. Eliminate no-fault divorce, welfare separations, etc. Direct energy independence as a suite of OUR plans. Nuclear, drilling here & now and coal that is already clean enough. Use the internet technology, not the old media. It is time to build the ground swell and include the everyday Americans. Never let our focus be watered-down by political hacks. The left-wing-light approach failed in the last election. Do not let it happen again. Help to make this the NEW REAGAN ERA. Spread the true conservative word throughout the land; not just your favorites: Townhall.com, Hannity.com, Heritage.com, ELRUSHbo.com. Lets talk directly to those who would only otherwise hear their news from CNN (Conservatives are Not News) or ABC (Anything oBama Covered) or NBC (Never Bother w/Conservatives).