So our heroes in Congress have failed again. Big surprise.
Here, therefore, a plan to fix the fiscal problems we face.
- If Congress means-tested entitlements (Warren Buffet needs a social security check? Really?) and killed the SS earnings cap (those above it spend far more on political campaigns than those below it so we legitimately are responsible for those in Congress who refuse to pass responsible policies), SS would be solvent in under a decade. If we have to keep SS as a govt-run system that provides a sub-market return and leaves zero wealth to our heirs and is a ponzi scheme start-to-finish (look up ‘ponzi scheme’; there is no other way to describe SS), then we might as well make it solvent, right? (Of course we could privatize it and make it both solvent and worthwile, but that’d be too hard for the clowns in Congress and Barry wouldn’t like it.) And take SS out of the General Fund where the DEM Congress put it in 1968, re-create the Trust Fund and don’t let Congress touch it.
- Ryan has the right idea on Medicare. And Obamacare must be scrapped, period – this is not a socialist nation. If you want to live in socialism, there are plenty of bankrupt nations to move to. All of the socialist ones, interestingly enough.
- Skip this “bloc grant” nonsense. If the Feds want the state to have a bunch of money to spend their way, stop laundering it through the Federal government – let the states collect and spend it. I mean hey, bloc grants are an acknowledgement that the states can spend it better – guess what? they can collect it better too, and at a lower cost than laundering it through Federal agencies looking for make-work for their union employees so they can take their dues and funnel it back into Demo campaign coffers.
- And if we stopped defending the entire world we arguably could cut DoD spending by 3/5 and still keep our R&D, defeat any potential strategic adversaries and retain our ability to defend N America. Other Western nations all are wealthy enough to pay their own way – make ’em grow up and choose between guns & butter rather than the American taxpayer paying for their guns bills while they just heap butter on the trough until they run-out (ran out?).
There – SS, DOD and Medicare. Fixed. Entitlements. Fixed. Four paragraphs. But our heroes in Congress can’t do that in thousands of paragraphs, tens of thousands of pages and tens of millions in salary.
What’s the opposite of PROgress? CONgress.