Tuesday, October 8, 2013
The Government Shutdown
Evidently the time for America, my time, is coming to a very gloomy realization that this can't keep happening. As our debt rises and our government can't figure out a way to fix it is alone embarrassing enough that government officials, the people Americans vote for to run the country, can't and couldn't get their act together on something as simple as funding. The debt we have accumulated is more than any country alone could handle. All the goods and services provided in the last decade and more have basically been paid for with monopoly money. That is how fake the countries credit reliability has turned out to be. If you can't pay for it, don't buy it. Thats a rule everyone needs to abide by, especially the government. If your government can't control its own spending then I guess why do its citizens? This shut down seems to be more of a good thing then a bad one. Everyone needs a learning experience of what it would be like not to have government benefits and people in government need to see the pros and cons to certain employees and certain programs left without funding. What is essential? What is non-essential? Two immense questions that should be addressed now. Yes, if non-essential personnel is left without jobs now in the government, why should some of them be rehired? Obviously unemployment would go up but does the government really need some of these people? Does the government need to mandate healthcare and tax those who don't like it and have previous plans? If nothing else will people see the future thats coming straight at them and can they put their foot down finally saying that this isn't the right way for a government to run. Efficiency above all else should be the outcome of this relatively long shutdown when it comes to its end. If we do default however, it would be terrible and unbelievable, but it would for one thing be incredibly interesting to watch unfold no matter how terrible.
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The government shutdown is a wakeup call. I do fear though that when some of the non-essential jobs come back that we will not be able to get VISAS etx. back on track. But maybe we will actually realize that we can cut these jobs out and save thousands upon thousands of dollars. I couldnt agree more that healthcare should be an option. I also fear that this might lose future republican seats in the house in upcoming elections because Cruz and republicans have been depicted as the bad guys. Good post, I enjoy reading about your opinions.
ReplyDeleteI agree. It is not acceptable that our government can't negotiate and agree on issues. I really like your statement on how if you don't have money to pay for something, don't buy it. A debt free life is a goal every American should have. Once you start borrowing it seems that you started digging a hole that continues to get deeper.
ReplyDeleteI agree with what you are saying completely and are spot on. If you can not afford something then you don't buy it. I think it is important that our country as a whole take a step back and take into account what amenities we need and what is useless. Changes need to be made in order to fix the issue of the debt and this may be the only way to get something accomplished.
ReplyDeleteI do think you are exactly right about he sort of perverse pleasure lots of people, myself included, derive from watching the drama. I fear that this may be a big reason for the continuation of the crisis: a morbid curiosity of where things will go.
ReplyDeletePart of the problem, I think, is this sense that we are a banana republic who is on the path to bankruptcy. Actually, US debt is incredibly safe, and the government could probably borrow at much greater levels safely. Our debt is around 70 or 80 percent of GDP (the nation's annual income, in effect). Most households have debts much higher than that when you take into account things like mortgages. Japan's debt is closer to 200 percent of GDP. This is not to say that we should not turn things around, as we don't want to get to that point. But it does help to have some perspective. Additionally, if treasury bonds went away it would actually be a bad thing because they are such a bedrock investment. So a certain level of government debt may actually be a good thing.