 cmstratton says: It's become pretty obvious to anyone paying attention, that state and federal governments are not good at managing money. We have a huge federal deficit, many states are facing huge deficits, and some large cities are even going bankrupt. Why would we even consider raising taxes to give government even more of our money to mis-manage? All they'll do is pass more ridiculous legislation that spends our money even more unwisely. Instead, let's focus on cutting government spending. Or an even more radical idea, let's run our governments like a business, led be real business executives instead of politicians. I'm tired of seeing a large portion of my paycheck get flushed down the drain because our state and federal governments don't know a thing about how to spend it wisely. You'll recall that when George Bush took office, the USA was operating with a surplus. There are as many devastating examples of bad business (Enron and the many companies of the current mortgage crisis come to mind) as there are of bad government. The correction needed is not to do away with as much as possible of one or the other, but to make sure that they do their jobs well. It isn't government that's wasteful, nor business. It's bad government and bad business. I worked for a Fortune 100 corporation in the 80s (one of the American blue-chips) that estimated that 30% of its potential profit was spent on fixing mistakes. Great points masbury - whether it's government or business operating poorly, the results are still poor. Yep, I very much remember the days of the surplus and am reminded daily how the Bush administration has squandered it away. With so many state and local governments in financial jeopardy (I live in probably the worst state from this perspective - CA) in addition to our Fed, it's time for a change in how they manage their finances/budget. Personally, I'm not comfortable giving more of my hard-earned money to the government "as is," to let them waste it away on ridiculous programs, studies, and wars. I'd feel much more comfortable with some great business minds leading this change to br... |
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