$1.5 Trillion Ways to Cut the Deficit and Bloated Government

[WhiskeyGirl]

"$1.5 Trillion Ways to Cut the Deficit"

We found the fat with expert help from the Heritage Foundation—Brian Riedl, Erin Kanoy, Matthew Streit, Alison Fraser, JD Foster, and Steve Keen—along with research help from Fox Business producer Barnini Chakraborty and Fox News analyst James Farrell along with data and analysis from the Congressional Research Service, the Government Accountability Office, the Office of Management and Budget, and Citizens Against Government Waste.

Bureaucracies exist by feeding themselves. When companies fail, they get smaller (usually). When governments fail, they get bigger, as one analyst noted.

“Simply eliminate the wasteful spending, earmarks, and corporate welfare, and..consolidate the duplicative programs,” that will go a long way towards cutting the deficit, says Brian Riedl, senior federal budget analyst at The Heritage Foundation, a conservative think tank in DC.

Common Sense

I grew up in an Irish Catholic household where we were taught the common sense things in life.

Like don't brush your teeth with turpentine, don't put your head in the oven, and don’t run with hedge clippers. And don’t Krazy Glue your mother’s wallet shut. Our house still has the same black rotary phone.

“At home, being stupid was rewarded with a shoe boomeranging at you from around the corner,” says Fox Business’s Valerie Alexander.

Like you, we never felt the world owed us anything.

Founding Father of the Entitlement State

The US has hewed dangerously closer to the vision of the Founding Father of the Entitlement State, as economist Ed Yardeni calls him, Franklin D. Roosevelt, who set forth a new economic bill of rights in his 1944 State of the Union Address, that you have the right to a good job, good food, a nice house, and adequate health care.

And the right to let taxpayers pay for all of that for you.

That thinking has caused the Supersize-Me ballooning of the US government.

http://emac.blogs.foxbusiness.com/2010/01/25/1-5-trillion-ways-to-cut-the-deficit/

Does having the biggest government make Obama the biggest failure?

Why isn't government learning and leading in innovation?  Doing more with less?

If supersizing isn't good for our body, why is it good for government, taxation, and prosperity?