"The most significant threat to our national security is our debt," Admiral Michael Mullen, Chairman, Joint Chiefs of Staff, August 27, 2010


Wednesday, July 1, 2015

A brief reminder


Deficits = Debt = Destruction

There are many ways to experience deficits.  But a few are popping up with great regularity and not just here at home.  The really big ways to get in on the deficit building trend are:
  • Build a welfare state, and
  • Build a massive unionized government payroll with generous employee benefits, and particularly really generous pensions
In other words just keep electing bad politicians and keep letting them hire unneeded useless bureaucrats (redundant, we know) to double and triple burden your economy; your business community; your education efforts and your population.   All in the name of the greater good or some such propagandistic crap.
It all comes down to bad government.  Our world is overwhelmed by bad government.  But mostly, just here, at home.
You may notice that many of the bad governments are “democracies.”  Or, “republics.”  Elected politicians pursuing “life” “liberty” and the “pursuit of happiness.”  Mostly for themselves, of course.  Every one of them using someone else’s dime.
Not a one of them, anywhere, but mostly here at home will talk about it much less propose doing something about it.  Therefore, we offer this brief reminder:
deficits = debt = destruction

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