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May 25, 2012
Mark Clayton: Is Hillary's State Dept. hacking Al Qaeda? Not quite
Erika Bolstad: Temple cancels Wasserman Schultz speech
The Kosher Gourmet by Ethel G. Hofman: The former president of the International Association of Culinary Professionals, whose members included the likes of Julia Child, is back with contemporary Shavous cuisine: Ruby Fruit Soup, Sweet Noodle Kugel with Cheese, Key Lime Curd, Calsone Casserole Frittata with Wild Mushrooms, Sun-dried tomatoes and Olives, Baked Tilapia with Pepper Cheese Cream and Brown Sugar Shortbread
May 24, 2012
Jeff Jacoby: The peace process battered Israel's reputation
Michael Muskal: 'Pro-choice' position hits record low, according to poll
Chris Farrell: Are We in a Tech Bubble?
The Kosher Gourmet by Penelope Wall: PHILLY CHEESE STEAKS --- hold the steak!
May 23, 2012
Tony Pugh: More private colleges offering tuition discounts
Mary Beth Franklin: How to Choose the Right Annuity for You
Tina Susman: The wig wasn't enough: Man gets 13 years for posing as his dead mom
The Kosher Gourmet by Emma Christensen:A simple way to do fish right
May 22, 2012
Warren Richey: Can US group challenge overseas surveillance act? Supreme Court to decide
Thomas M. Anderson: Walking Away From a Mortgage
The Kosher Gourmet by Megan Gordon: Enjoy a celebration of the most rich and layered flavors: Black bean, sweet potato and quinoa chili
May 21, 2012
Mark Clayton: Cybersecurity: How US utilities passed up chance to protect their networks
Howard LaFranchi: NATO summit: Who will foot the bill for long-term Afghanistan security?
Chris Farrell : Earn Dividends in Emerging Markets with This WisdomTree ETF
Stephen Whiteside, Ph.D. : Mayo Clinic Medical Edge: Social anxiety disorder --- or just shy?
Guy Jackson : Victim's father regrets death of Lockerbie bomber
The Kosher Gourmet by Mario Batali: Famed chef's veal shoulder farsumagru: A festive meat course for late spring
May 18, 2012
Rabbi Berel Wein: Striving: The People of the Book's Book for (All of) the People
Steven Goldberg: 5 Great Stock Picks and the Exchange-Traded Fund that Owns Them
Mary Pickett, M.D.: Ask the Harvard Experts: Don't be forced into gluten-free lifestyle based merely on a doctor's false-positive test
The Kosher Gourmet by Carolyn Malcoun: DIY healthy lunchbox treats: HOMEMADE FRUIT BARS for kids and brown-bagging adults alike
May 17, 2012
Warren Richey: Teacher fired for being unwed and pregnant can sue religious school, court rules
Josh Mitnick: Netanyahu's 'centrist' coalition is already proving it's anything but
Steven Goldberg: Earn Dividends in Emerging Markets with This WisdomTree ETF
Amina Khan: Research links coffee to lower death rates
The Kosher Gourmet by Faith Duran : Cheesy Potato Breakfast Casserole with Cheddar and Sun-Dried Tomatoes
May 16, 2012
Carmen Terzic, M.D., Ph.D. : Mayo Clinic Medical Edge: A variety of exercises can help improve balance
Melissa Healy: National strategy on Alzheimer's disease aims to halt it by 2025
The Kosher Gourmet by Joyce White : GOODNESS GRACIOUS: GREENS! 4 winning recipes that are no longer just for down-home folks (Includes expert tips & techniques)
May 15, 2012
Kristen Chick: Obama administration resumes arms sales to Bahrain despite serious unresolved human rights issues. Activists feel abandoned
Pat Mertz Esswein: Homes are now affordable again and mortgage rates are low. What you need to know before you buy
Kathy Kristof: Our Practical Investor Fights Inflation with These 6 Investments
Sue Hubbard, M.D.: The Kid's Doctor: Lactose intolerant young child? Check again
The Kosher Gourmet by Kathy Hunt: Spread a Little Excitement with EXOTIC CONDIMENTS (4 RECIPES)
May 14, 2012
Lisa Gerstner: How to Protect Your Identity, Finances If You Lose Your Phone
Harvard Health Letters: Heart disease and dementia
The Kosher Gourmet by Megan Gordon: MANGO COCONUT OAT MORNING MUFFINS are a bright but hearty delight
May 11, 2012
Jessica L. Anderson: Get the Best Deal on a Used Car
Jett Stone: Forget face-lifts and fake knees. Scientists have seen the fountain of youth --- and it's broccoli
The Kosher Gourmet by Chef Mario Batali: The famed chef's vegetable dish that tastes true to the season: FAVAS AND SUGAR SNAP PEAS WITH POTATOES AND TARRAGON
May 10, 2012
Sergei L. Loiko: Putin sends warning to U.S., NATO in Victory Day speech at Red Square
Mary Rourke: How being a 'mentch' got Vidal Sasoon his start and fighting in Israel's War of Independence provided him with confidence and a strong sense of his own identity
Jeff Bertolucci: Get Home Phone Service for Less Than $10 a Month
The Kosher Gourmet by Betty Rosbottom: Gleaming with its golden, crimson, and snowy white hues, this silken smooth and creamy STRAWBERRY ORANGE TRIFLE looks impressive, but is easy to prepare
May 9, 2012
Sharon Palmer, R.D. How you can reduce your risk -- or delay -- chronic diseases associated with aging
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Jewish World Review
Time to starve the spending beast
By
Ron Hart
http://www.JewishWorldReview.com |
"Politicians will always spend every penny of tax raised and whatever else they can get away with."
– Milton Friedman
The bipartisan debt commission headed by Democrat Erskine Bowles and Republican Alan Simpson was tasked with recommending ways to reduce the national debt. These seasoned Washington insiders came up with some reasonable recommendations, which will be treated like most smart decisions in Washington: They will be totally ignored.
Both sides will, no doubt, talk in their speech about cutting spending, but rest assured, the commission is all for show. As we know, all politicians do is act like they care about an issue and ask for money. Then they consider the problem solved.
President Obama has one solution for our financial problems: raise taxes. What Washington is saying is give the government more money via tax increases and it will spend less. That is like Kirstie Alley saying if you give her more food, she will eat less.
The notion that we can spend our way out of debt is like thinking you can eat your way out of obesity. Cutting spending is never done without some pain, but we can either have a little pain now or a lot of pain later.
Historically, each new dollar in taxes results in $1.17 to $1.81 in new spending. We have to starve the monster that is Washington, not feed it. The more we feed it, the more it will want later.
Aside from the debt it racks up, the more money we give to the federal government, the more we cede our power and our freedoms to politicians. Entitlement teaches dependency.
Politicians squander money. There was even an excuse by the Obama administration and its auditors that the dispensing of stimulus funds was held up because there were not enough federal workers to administer the spending. In short, there are not enough government bureaucrats to spend money we do not have to "create" jobs that have not materialized. And now we are out of stimulus money. So you tell me: should we give these Bozos more money?
It is clear that neither Obama nor many in his administration understand business and how it has been responsible for all the gains in standard of living enjoyed by Americans over the past 200 years. Twice he has taken slanderous jabs at Las Vegas by telling people not to go "blow their cash" there. At least in Las Vegas you have a chance of getting some return on your cash. By contrast, Washington is a financial black hole.
Taxes take money from the most productive part of society (the person or business who made the money in the first place) and redistributes it, after government's nefarious hands take their cut, to the least-productive part of society. The moochers take money from the producers, distributed by politicians who grease the hands of their cronies in the process. Money in private hands is always better for the economy.
Greece almost went under from massive government spending and unsustainable entitlements. Most of Europe is cutting spending to get their act together. Our president was treated like a pariah on his overseas trip to the G20 summit for demanding that everyone else spend money in order to stimulate the economy. There has not been a worse trip overseas since the Griswalds' trip with Chevy Chase in the 1980s. We now have President Obama-adopolis, who is better suited to have been running Greece in the ground, rather than a sane economic policy.
I am reminded of a story that best summarizes what needs to be done here. Two farmers are going broke, and one says to the other, "I am going to have to get rid of my blue tick hound dog." The other farmer asks why, and the first farmer says he cannot afford to feed the dog. The second farmer says, "Why don't you do what I did? I started feeding my dog poke salad. It grows abundantly in the field, it's nutritious, and it's free." The first farmer says, "I don't think my dog will like eating poke salad." The second farmer says, "You know, my dog didn't like it much either for the first few days."
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JWR contributor Ron Hart grew up in Tennessee and began writing a column for his hometown paper in 2002. He attended The University of Memphis and the Institute for Political and Economic Systems at Georgetown University. Ron graduated Magna Cum Laude and was elected student government president. Upon getting his MBA, he went to work for Goldman Sachs. He was appointed to the Tennessee Board of Regents by then Governor Lamar Alexander and is now a private investor. He appears on CNN and has been quoted in numerous publications including the Wall Street Journal.
Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.
Previously:
• The TSA: We Do Chicken Right!
• A Red Wave
• No Juan Left Behind at NPR
• Capitalism in Time Saves Mine
• The Broader Picture of What These Elections Mean
• Dem-moralized: Dead Fish taken to the trash cant
• Ships Passing in the Night
• Obamanomics continue to add up . . . for Republicans
• She had Tiger by the tail: If Elin did not get Tiger's money, Obama would have
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© 2010 Ron Hart
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