CRAIGforCONGRESS

Missouri's 7th District, U.S. House of Representatives

 

 

 

Congressional Issues 2008
BUREAUCRACY
Government Spending



The 111th Congress should realize:
  • cutting taxes is not enough (as unimaginable as that would be)
  • spending must be cut
  • government cannot "invest" - it can only spend
  • government spending is never productive; it is always consumptive

It became common during the Clinton Administration to speak of government spending as an "investment." Congress might also therefore attach the following to each spending bill:

By voting for this legislation I hereby affirm my belief that the information and knowledge possessed by me and 434 other Congressman-"investors" is greater than the collective knowledge and information possessed by a Free Market of 150 million individual investors, pension fund managers, insurance company executives, mutual fund administrators, and brokers, all of whom do not have the luxury of obtaining investment funds by passing a law, but must earn their investment dollars.



See also: Deficits