Democracy's Checkbook

The problem, it seems, is not with capitalism but rather the lack of enforcement by the justice system. Paid special interest groups twist the arm of government in order to initiate social theft from the haves to the have-nots. They have taken the get up and go out of the natural system of exchange for goods and services.

Arms length transactions that bear no marks of special interest attached are the basis of laze fare capitalism. The capitalism I want to see would be similar to what was experienced within the original 13 U.S. colonies in the early 1800’s.

The other aspect is the type of socialism we are seeing today. According to Harvard Law professor and bankruptcy expert Elizabeth Warren, two-income families today make 75% more in inflation-adjusted dollars, but have less money to spend than one-income families did 30 years ago.

 1out of 5 jobs is a government job whose average pay much exceeds average private sector pay.  30 years ago 1 out of 12 jobs was a government job. The government has fingers into practically every aspect of our daily lives.

There is a corruption due to the mere huge size and scope of government. You’ll find hidden self-interest bureaucrats devising schemes to profit themselves. We see government jobs becoming entrenched with the bang for the buck search for effectiveness thrown out the window. “A government big enough to give you everything you want is big enough to take away everything you have.” - Goldwater/Ford formulation

Until the hogs at the gate pandering for politicians votes end, those lobbying government will funnel money into excess extravagance, greed and corruption. Yes, our system is broken.

How about enforcing a 10% cutback in spending on all budgets, each year voters get to vote, by making it a permanent ballot box issue. Give the voting taxpayer control of the switch.  If the sum totals of the voters what to halt the budget cuts, fine. If they want more tax cuts, do it. That’s democracy. That’s democracy’s checkbook.