

By Richard W. Rahn
Budget fantasy won't help us cope with coming fiscal disaster
Independent voices from the TWT Communities
Big government (sometimes capitalized as Big Government) is a term generally used by political conservatives, laissez-faire advocates, or libertarians to describe a government which is excessively large, corrupt and inefficient, or inappropriately involved in certain areas of public policy or the private sector. In this latter sense, the term may also be used by political liberals in relation to government policies which attempt to regulate matters considered to be private or personal, such as private sexual behavior. - Source: Wikipedia

Conservative voters have a message for the Republican establishment: Not so fast. The Washington-knows-best GOP insiders who gave us John McCain, George W. Bush, Bob Dole and George H.W. Bush are now pushing Mitt Romney. Conservative voters are pushing back. Hard.

Every election, we're told, is important - critical, even. But it's more than the usual hyperbole this time. Right now, our nation's on the wrong path. If nothing is done, our next generation will experience not liberty, freedom and prosperity, but crushing debt, higher taxes and job-killing regulations.

The congressional super-duper, new-and-improved deficit committee, organized to enable Congress to do what it was sent to Washington to do, failed.

Has America gone soft? Seen our once formidable, can-do economic, cultural and geopolitical six-pack abs devolve into a can't-be-bothered muffin top of belt-buckle-busting, Snuggie-swaddled goo?

President Obama has finally acknowledged what most Americans already know: Big government carries a price. That's the take-away from the not-so-coincidental White House decision Friday to delay imposing yet more "environmental" red tape on business. That same day, the Labor Department announced there was no net growth in jobs for the first time since World War II.

At a Politico breakfast at the Newseum on Tuesday, Homeland Security Secretary Janet Napolitano took her critics to task.

Rest assured. The nation has not yet allowed Memorial Day to devolve into yet another showcase for retail sales and hot weather revelry: 60 percent of the nation plans "something special" to honor the sacrifices of the U.S. military Monday, says a Rasmussen Reports survey - up six points in a year.

President Obama has all but ensured his defeat in 2012. His speech Wednesday outlining his framework for deficit reduction was a pivotal moment in his presidency - the decisive tipping point, in which he revealed his almost limitless capacity for cynicism and mendacity. He frittered away whatever credibility he had left.

Big government doesn't come cheaply. According to Congressional Budget Office (CBO) figures released Monday, the budget deficit for February hit a staggering $223 billion - meaning the Obama administration added more in debt last month than was borrowed in all of 2007. It's no secret that these mounting bills must eventually come due in the form of higher taxes or a deflated currency. Either alternative would hit consumers hard.

Today is the national Bill of Rights Day. This commemoration is necessary to help renew appreciation for liberties threatened by Big Government.

The hard work of safeguarding freedom has just begun. This month's elections were only a beginning. To become ever more effective, conservative power must remain focused on devolving authority to the grass roots rather than accruing it in the corridors of Washington.
Today, Big Government, not the private sector, is Big Labor's bread and butter. That's why union officials push relentlessly for higher taxes and bigger government and seem completely unconcerned that the policies they advocate will slash overall private-sector job growth in future years.

If conservatives regain power at the federal level, there is a single, revolutionary idea they should implement: the taxpayer savings account (TSA). A TSA would be established for every taxpayer, overseen by the government, into which future tax payments would be deposited. The TSA would be a substitute for the current withholding and quarterly estimated tax payment system.

As what looks to be a bleak election for Democrats approaches, the administration and its allies are understandably eager to hail any silver lining. Recently, they have been touting the $85 billion bailout of GM and Chrysler as a success.
A black former Agriculture Department official said Tuesday that she was forced to resign over her remarks about not having helped a white farmer, though the remarks may not have been racist after all.

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