Our Country’s Big Spending Problem Is Real, No Matter What Democrats Say

What’s that mantra about repeating something often enough until it becomes a truth? Maybe that’s what top Democrats are trying to do in regard to the massive spending problem we have in our country right now. Pay no attention to the trillion-dollar deficit over the budget line!

President Obama, Nancy Pelosi, and Steny Hoyer have all said recently that we don’t have a spending problem. This week, Senator Tom Harkin publicly promoted the delusion, saying, “I want to disagree with those who say we have a spending problem.”

He continued:

Everyone keeps saying we have a spending problem. And when they talk about that, it’s like there’s an assumption that somehow we as a nation are broke ... we are now the richest nation in the world. We have the highest per capita income of any major nation. That kind of begs the question, doesn’t it? If we’re so rich, why are we so broke? Is it a spending problem? No.

I know math is hard and all, but a spending problem is when you spend more money than you bring in, regardless of the amount coming in. In 2012, the government brought in about $2.5 trillion, and spent nearly $3.8 trillion. So it spent all the money it brought in, and then spent more than half of it over again.

Think of it this way, if you made $50,000 last year and spent like the government spent, you’d have paid out $76,873. You’d be almost $27,000 in debt. In one year. And you only make $50K. That, my friends, is an overwhelming spending problem.

Harkin is right about one thing -- we are a rich nation. However, being rich doesn’t preclude a spending problem. The two are not mutually exclusive -- the numbers are just bigger when you’re playing with larger amounts of money.

By saying that we don’t have a spending problem, Democrats imply that we must have a revenue problem. We must bring in more money! Well guess what? We do bring in more money every year. As a whole, Americans pay more tax revenue every year than they did before. This is good! It means we’re all getting richer.

So why does it feel like we’re broke? Because the increased revenue is a drop in the bucket compared to the massive increases in spending. It’d be like getting a $3,000 bonus, and celebrating by buying a $50,000 car.

We do have a spending problem, and no amount of saying otherwise can change that.  

Why do you think Democrats are refusing to acknowledge our government's spending problem?

 

Image via Images Money/Flickr

2012 election, barack obama, economy, in the news, media, politics, taxes, tea party, white house

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Pinkmani Pinkmani

Of course we have a spending problem! And this democrat doesn't deny it! We definitely spend money on things we don't need. We can also prevent some of the things that we encounter. But I don't think spending is our only problem.


I say we start but cutting the salary of our congressmen. (Every one else I know has seen a salary reduction, why can't they?)


Cut some programs. (I was with Romney on cutting PBS because PBS has plenty of celebrities that would be willing to donate the money they would have recieved.)


We also need to cut the cost of healthcare. (Why did my mother's MRI of her uterus cost $1400 before insurance?)

amiec... amiecanflie

Pinkmani, agreed!


 

wamom223 wamom223





Pinkmani I have been saying that for months.  Not only is their yearly salary ridiculous but the fact that they get a yearly salary even after they leave office regardless of how long they served is insane. Also we do not have one ex-President that isn't a millionaire and we give retired Presidents over $400,000 a year. This Government needs to lead by example and they need to start making cuts with themselves. Why does Congress have a better insurance program for them than we give our military. I mean the guy that shot Bin Laden doesn't get retirement but Anthony Weiner does? That's not right. We need to stop talking about what we disagree on and start with what we all can agree on and that is that our Government is paying themselves too much.





wamom223 wamom223

We need to prioritize our spending in other places also.  For example I have a friend who has an adult daughter with MS who is completely bedridden and not only can she not work but she needs 24 hour care.  Her funding just got cut while a couple I know in their 30's who both choose to work part time and suck on any government tit they can get their hands on just essentially got a raise.  I live in a state run by democrats that think spending is the answer and we are going down fast.  We have one of the highest minimum wages and a high unemployment rate with cities that have made it to the top five list of Forbes for the hardest city's to find a job.  Also its offensive that the democrats would say this when Harry Reid hasn't passed a budget in years. 

Zenia6 Zenia6

The salaries are just a drop in the bucket. PBS is a another drop. We could forgo spending 300 BILLION + on the F-35 fighter jet. That would be a good start. Anything that brings health care costs down will help out budget tremendously. There are a lot of spending cuts this democrat would happily back. At this point I am just ready for congress to pass something- stop fighting over old issues and just move forward with a budget so we don't lower our credibility even more to the world market.

wamom223 wamom223

There is only one man you can hold responsible for the budget and his name is Harry Reid.  Also it is in the Constitution that our Government spend money on defense, the Constitution says nothing about paying congress and ex-presidents for no reason.  I think we should continue to pay for their secret service but that is it.  Public office is suppose to be a way for you to serve your country, to give something back, not to take from the citizens after your job is done.  I have no problem spending money on the defense of our country but I see no reason for us to keep throwing money at problems like we do now knowing it wont work.  If you want to bring down health care costs this was the wrong way to do it and cost are going up and they are going to keep going up, for everyone.

nonmember avatar Lux

Im a leftie and I completely agree. You don't resolve debt by spending more money.

miche... micheledo

Awesome, something it seems that many democrats and republicans can agree on. Now if we could all get our congressmen to agree on it. Cutting salaries may not be nearly enough, but it would sure be more then we are currently doing!

nonmember avatar ZMommy

Pinkmani, I agree 100% about healthcare costs. My insurance (Anthem Blue Cross) said that my husband and I would have to pay $5,000 dollars for my 4 month old's MRI. They said it was because we didn't meet our deductible for the year. We had to apply for financial assistance and thank God we were approved.

Caitlin Sailors

You write some of the dumbest articles I've ever read in my life. It's Valentines Day and you are thinking about politics? Get a life!


 

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