Wednesday, April 20, 2011

004 WHAT'S WRONG WITH WHERE THE U.S. FEDERAL GOVERNMENT ALLOCATES ITS EXPENDITURES?

JUST ABOUT EVERYTHING IS WRONG
(1) WAY TOO MUCH FOR DEFENSE (ONE TRILLION - WHEN YOU ADD BACK HOMELAND SECURITY, VETERANS, ETC)


SO - LET'S CUT DEFENSE BUDGET IN HALF - QUIT BUYING PLANES NONE OF THE SERVICES WANT; FIRE ALL THE GENERALS / ADMIRALS; SELL OF THE 750 BASES IN 150 COUNTRIES AROUND THE WORLD; STOP BEING POLICEMAN TO THE WORLD.


(2)  WAY TOO MUCH FOR MEDICARE / MEDICAID (90% OF THE MEDICARE / MEDICAID EXPENDITURES OCCUR IN THE LAST YEAR OF LIFE OF THE BENEFICIARY, MERELY PROLONGING A LIFE THAT WAS MEANT TO BE FINISHED EARLIER).


SUPPOSE THAT RATHER THAN 90%, WE CUT THAT AMOUNT BY 2/3 TO 30%.


THAT WOULD MEAN A REDUCTION IN MEDICARE / MEDICAID EXPENDITURES OF 60%.


HERE'S WHAT THE BUDGET LOOKS LIKE WITH DEFENSE CUT IN HALF AND MEDICARE / MEDICAID CUT MY 60%


DEFENSE GOES TO $500 BILLION (SAVINGS = $500B)
MEDICARE / MEDICAID GOES TO $320 BILLION (SAVINGS = $573B)


THUS, WE'VE LOPPED OF $1,073,000,000 FROM THE BUDGET AND EXPENDITURES DROP FROM $3,456,000,000 TO   $2,383,000,000  (AS OPPOSED TO REVENUES OF $2,162,000,000 - BRINGING THE DEFICEIT DOWN TO $121,000,000 .. A FAR LESS FRIGHTENING NUMBER.


AND WE HAVE NOT EVEN BEGUN TO CONSIDER THE EXTRA REVENUES FROM THE INCREASED MARGINAL TAX RATES!!

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