Monday, November 10, 2008

Here's An Excellent Redistribution Of Wealth

The spending monkeys in Washington are looking for additional ways to stimulate the economy. With the constraints of astronomical deficits and the potential for a further collapse of the dollar, here's simple suggestion that already fits into the budget.

Whereas the federal government's budget share of the gross domestic product of $15 trillion is app. 20% at the $3 trillion figure,

Whereas conservative estimates of government employees pay and government spending is app. a multiple of 3 times what it could be done for in the real world economy,

Whereas a targeted economic stimulus is needed more in the hands of people who earn less than government employees,

Therefore all federal government expenditures should be reduced in favor of less costly private solutions including state and local governments who by definition will be relatively more accountable for cost efficient results.

Washington is the problem. The solution will necessarily exclude Washington.

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