An American Promise
● A Balanced-Budget Amendment to the Constitution, with appropriate exceptions for times of war and recession.
● A line-item veto, to give the President a fighting chance to eliminate pork and earmarks.
● A limitation on federal spending, to 20% of GDP.-
*** About We Elected You ***
Have Your Say!
- John Lumbard on Problems With a Balanced Budget Amendment?
- Chris Curley on Problems With a Balanced Budget Amendment?
- John Lumbard on How to Fix the Health Care Mess
- Did Government Agencies “Raid” Social Security “Coffers”? « Joejolly’s Weblog on “The Debt The Government Owes Itself For Raiding Social Security”
- John Lumbard on The Antidote
- Gen Y on The Keepers of the Flame
- Chuck Bailey on Amendment Filed. Call Your Congressman!
- Phoebe Addington on Party On!
- FaGaurlwal on Incentives Rule!
- James Schaefer on The ENTIRE Government Runs on Borrowed Money
Topics
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growth of government Archive
Postponing the Pain
Economist Charles Wheelan writes occasionally for Yahoo Finance, and he's always terrific. In a recent article he suggests that the President extend the current graduated tax structure, with a plan to balance the budget in 3 or 4 years (when the economy is stronger) by cutting spending and adding consumption taxes...
Read More Letter To A Congressman
By John Lumbard.
Dear Congressman;
In high school we all learned that our Congress has the power of the purse. Our legislators have other powers and responsibilities, but their most basic duty is to ably manage the monies that they extract from reluctant and disillusioned taxpayers and voters. They have failed...
Read More Prosperity got you down? Tax your guilt away.
by Michael Smith.
In an August 4 column in the Los Angeles Times, Bill McKibben of 350.org threw down the green gauntlet. From now on, it’s no more Mr. Nice Guy for the folks who want to tax fossil fuels into oblivion. Taking their cue from the civil rights movement, they’re...
Read More Great Government and the Roots of Rebellion
By John Lumbard.
USA Today just published an opinion piece arguing that voters are concerned about the power wielded by large corporations; but unwilling to embrace the federal government as a benevolent regulator. That distrust is founded in a recognition that our government is larger than all of our 100 largest corporations put together---a fearsome size---and that it has...
Read More Sustainable Government
By Dan H.
As California goes, so goes the nation. That has long been the case with fad and fashion, but lately California has been playing the role of canary in the coal mine. The state budget is out of control, and there are no longer any easy answers.
Much...
Read More Sustainable Government
By James Schaefer.
In a recent Opinion piece in the Wall Street Journal (Tax Aversion Syndrome and Our Deficit Future), Peter G. Peterson writes about Congressional Budget Office projections that show the public debt rising from its current 60% of GDP to 233% in 30 years, and 500% in 50...
Read More Greece, Democracy, Debt, and Decline
“The earliest democracy in the world began in Athens, in 510 BC . . . . Democracy means the rule of the people (in Greek). That is where each individual person has a vote about what to do. Whatever the most people vote for wins.” --- www.History For Kids.org
What the...
Read More Politics or Public Service?
By John Lumbard .
"In a June Washington Post/ABC News Survey, only 29% of Americans said that they were inclined to support their House representative in November . . . . .
The American people are looking for candidates and parties that champion fiscal discipline, limited government, deficit reduction and a free...
Read More Statutory Debt
By James Schaefer.
Corporations, sole proprietorships, unions, and government all share a common mandate to Grow the Franchise.
In the private sector this growth is constrained by the ability to make a profit---while laboring to provide goods or services that have value to others. For them, the cost of money is real,...
Read More Doomsayers can shed the silly costume now
by Michael Smith
That the European welfare state amounts to a pyramid scheme—a shrinking work force trying to support a growing population of retirees and welfare recipients—is old news in some political circles, but it’s gotten scant attention from the folks who desperately want America to follow the European model. That’s...
Read More