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Townhall Finance…
Pelosi on
Government Spending: We Have Nothing Left To Cut
Michael Schaus
Sep 25, 2013
Congratulations Obama, Pelosi, and the Democrat Senate. . . We now have
the most efficient government in the history of governments. Not a
single dime has been wasted, not a single dollar misspent, and not a
single entitlement promised imprudently. At least, that’s the message
the former speaker of the House, Nancy Pelosi (D- Republic of
California), conveyed to Candy Crowley in a recent interview.
When asked about President Obama’s inexplicable refusal to negotiate a
deficit reduction deal in exchange for an increase in the National
Credit Limit, Pelosi said the problem is there is nothing left to cut.
So, the President’s non-negotiable obstinacy on the debt ceiling is
actually rooted in fiscal reality. Apparently, according to the
brightest mind that San Francisco Democrats have to offer, we’re out of
trim-able expenses in the Federal budget.
A first for governments around the world.
And, really, Pelosi’s comments make perfect sense. It’s only logical
that government spends a million dollars to study the “sexual
attractiveness” of fruit flies. It’s only prudent that government pay
out $2 billion to farmers for not farming land. And, of course, it is
only logical that the government shell out $500 million on a program
that would, among other things, try to figure out why five-year-olds
“can’t sit still” in a kindergarten classroom. (Um. . . Because they’re
five. Can I have my $500 million now?)
And yes. . . Those are all real government expenses. Furthermore,
according to Pelosi, they are part of government’s current fiscal
restraint.
The Congresswoman’s ridiculous claim that the government cupboard is
bare, is like saying that Warren Buffet is on the verge of poverty.
Aside from the millions in wasted funds, redundant programs, and
ill-advised government expenditures, we have the capability of reducing
future payments by reforming various entitlement programs.
The truth is Government is far from running on the skinny. But even if
we are to ignore the misspent dollars of today, it is either
congressional malpractice or national suicide to ignore the mounting
debts of tomorrow. Both the President, and government loving Keynesians
like Pelosi have suggested that raising the debt ceiling is merely a
matter of meeting the financial obligations we have already put in
place. If this is true, we should look at the largest future
expenditure of government funds: entitlement programs.
For the rest of this article and more, go to Townhall Finance
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