LumberJocks

Barr/Root for president

  • Advertise with us

« back to Coffee Lounge forum

Forum topic by Boon posted 2182 days ago 599 views 0 times favorited 4 replies Add to Favorites Watch
View Boon's profile

Boon

65 posts in 2455 days


2182 days ago

Bob Barr on: Spending & The Economy

Over the past decade, total government spending (state, local and federal) has increased from $2.9 trillion to an astonishing $5.1 trillion in 2008. The $3.1 trillion federal budget submitted by President Bush for 2009 is greater than the combined 1998 spending of the federal government, all 50 states and over 87,000 local governments.

The government cannot continue spending at this rate if America is to remain competitive in the global marketplace. The new administration’s number one job will be to drastically reduce spending by limiting federal outlays to only the government’s legitimate functions, as provided in the United States Constitution.

Every area of federal spending can and should be cut. Entitlements must be reformed and welfare should be cut, including subsidies for business sometimes called corporate welfare. Military outlays should be reduced and pork barrel spending eliminated. Needless, duplicative, and wasteful programs, most of which have no constitutional basis, should be terminated.

Controlling government spending is a necessary step to enact true tax reform, which will reduce the burden on all Americans and allow them to keep more of their hard-earned money.

We should seek to establish a wall of separation between government and the economy. The legitimate economic functions of government are to protect property rights, adjudicate disputes, and provide a legal framework in which voluntary trade is protected. The government should stop attempting to “manage” the free market.

Capitalism is the only economic system that rewards risk, protects individual liberty, and furthers economic freedom. America will be most prosperous and free when the government stops interfering with private economic decision-making.

-- www.jonboon.info - more crap coming soon!


4 replies so far

View rikkor's profile

rikkor

11295 posts in 2511 days


#1 posted 2182 days ago

I missed the reference to woodworking.

View Sawdust2's profile

Sawdust2

1467 posts in 2724 days


#2 posted 2182 days ago

I’ve personally known Bob Barr for 30 years.
He worked for a lawyer I clerked for when I was in law school.
I’ve litigated against him.
The reference to woodworking is that he is full of sawdust.

Please don’t think this post is to demean Libertarianism or Libertarians. Nor do I mean to demean Bob Barr.
It’s just a personal observation.

Lee

-- No piece is cut too short. It was meant for a smaller project.

View Bob #2's profile

Bob #2

3808 posts in 2658 days


#3 posted 2182 days ago

Sawdust? Why does the saw get blamed for everything?

Bob

-- A mind, like a home, is furnished by its owner

View OutPutter's profile

OutPutter

1194 posts in 2627 days


#4 posted 2182 days ago

HaHa. I get so tired of hearing “the govt. can’t keep spending…” or we’ll all go broke. If you just look around and you’re more than thirty years old, you can see that the govt most certainly can keep spending at whatever rate it wants. Doesn’t anyone remember what happened last time there was a chance that the govt would take in more than it spent? The Congress didn’t know what to do! Should we send the people a refund? Should we spend more? Should we do nothing? It almost brought the entire political world to a standstill. Just think about it. If the govt brings in more than it spends for just ten years in a row, the whole debt could be retired? No. No politician will allow that to happen until all problems in the country are cured.

Wood reference coming ….. Stumbling off of soap box….. eeeiiiiiooooowwwwww!!!!!!!!!!

[;2)

-- Jim

Have your say...

You must be signed in to reply.

DISCLAIMER: Any posts on LJ are posted by individuals acting in their own right and do not necessarily reflect the views of LJ. LJ will not be held liable for the actions of any user.

Latest Projects | Latest Blog Entries | Latest Forum Topics

HomeRefurbers.com

Latest Projects | Latest Blog Entries | Latest Forum Topics

GardenTenders.com :: gardening showcase