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WISE UP!
Give us 5 Minutes, and we'll Wise You Up


Past issues September 2006
"Don't tax you.  Don't tax me.  Tax that fella behind the tree."

The Budget

Everybody knows the federal government is bloated because of spending on welfare, pork-barrel spending, and bureaucratic red tape. The Republicans want small government, so they lower taxes.  The Democrats.htm push big government programs, so they tax and spend.  Right?

Wise Up!  Everything written before this sentence is factually and logically wrong, playing on your emotions to distract you from what's really going on.

And what's really going on is a ton of spending and programs that will go broke in your lifetime.  Social Security is not the problem: it's making a surplus.  Spending on welfare moms and environmental programs and 60's era regulations are not driving us broke.

What is? Take a look... 

 

 

 

 

 

 

 

 


Did you know that the Republicans have been responsible for way more of the budget increases and national debt than the Democrats ever were?  Over 2/3 of the total national debt has been racked up by Republican administrations from 1980 to now.  

The problem:  all the budgetary things that everyone likes to pick on just aren't that big.  The biggest single thing we can control right now is reducing the national debt, so we can shrink the interest payments like we did in the late 90's.  But doing that probably means a tax increase, particularly on the wealthy (who are the ones who profit the most from that debt). 

Find out more...

 

What did we get wrong?


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