Wednesday, January 7, 2009

The Federal Government Needs to Tighten Uncle Sam's Belt

This article at the National Review Online clearly highlights the financial problems hanging over the heads of the US. We need to tighten our belts and start reducing the deficit. We should have been doing this during the "good times" of economic abundance. We need it more than ever during these times of financial stress.

One of the big things to do to keep the budget in check is to stop giving bailouts to failing businesses. The American people have to live with a limited budget and manage their money well. Why shouldn't businesses be the same?

Like Walker, I also think Obama is on the right track. Limiting earmarks projects or "pork" in the federal budget will do more to help limit spending than most people know. I, for one, would like to see less government spending and less government intrusion in my life.

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