It’s election season, and as is customary, those seeking elective office will be in full swing, saying and doing anything, to pander for your votes. Once they are collecting excessive salaries from the taxpayer dole, those promises will be forgotten, and the blame game will ensue without hesitation. It doesn’t matter which party gets the golden ticket, the scenario continues, and the negativity increases.
Consider the recent “tax cuts” enacted by Congress. The timing was not accidental. The legislation was ramrodded through the legislature without any careful study or analysis of the consequences. While most of the money went to those with wealth far beyond even the most luxurious lifestyle, token crumbs were tossed to workers who struggle with the cost of living essentials. Why would they do this ? Simple – those congressional members were trying to pander for, or buy, your vote that will re-elect them to their very comfortable jobs at your expense.
Is a tax cut really such a bad idea ? In theory, no. We all would like to pay less in taxes. However, it was accompanied by a budget that spends over a billion dollars more this year than the government collects, and in a couple of years that will increase to over $ 1.5 billion annually. What does that mean for you ? Right now, your share of the national debt is over $70,.000. Under this budget that debt is increasing by over $3,000 a year, and soon $4,500. Today, if you are a family of four, your share of the debt is $280,000 and that will increase by $12,000 this year, and within a couple of years, at an annual rate of over $18,000. However, your tax savings is likely under $200 / year for employed individuals, and that savings will be lowered over the next few years.
Some people believe that the debt will never be paid off, or could just be wiped off the books. Do you really think the holders of that debt will accept such an action ? Of larger concern is the fact the interest must be paid, on time, before money is spent on national essentials. Soon our interest will be the highest item in our budget. If we default, the lenders can foreclose. So who owns that debt ? Some of it is held by citizens, but much of it has been sold to foreign countries, lead by Russia and China. You can imagine the consequences.
As you approach this election, will you allow the existing “leadership” to continue ? Were they successful in buying your loyalty and vote ? Or perhaps you simply feel they are better than the other guys. You might wish to actually take a stand, do some research, and find a candidate to support who is not “whipped into line” by one party, or the other, but who actually cares about this country, and will seek financial accountability, a balanced budget, and debt reduction.
We all know the destructive force of debt. Now is the time to see if you care enough to say NO MORE to the politicians who place their own personal gain before any consideration of our country and it’s future. It’s time to decide if you’ve been purchased by rhetoric and a few dollars, or care enough about these United States to take a stand and clear out the Halls of Congress from those who do not act in our best interests.