Is Government A Good Steward

In the last post we see the police power of the State used to take tax from income in the form of withholding a portion of the citizens paycheck. In the FICA section they also collect a matching amount of this tax from the employer, most employee's don't know this. This stops the employed citizen's from taking the withheld portion and using it for pretax investment. The Government then takes the taxpayer's money by force before the taxpayer is even payed. This I believe is wrong morally. One question that we should ask ourselves is Does any Government use the money wisely. If you give a child a bike that you payed for he may if he loves the bike take good care of it, especially if you make it clear that if the bike is damaged there will be no replacement. But if he knows that a replacement bike is automatic, and at your expense. It is an automatic that that bike will be abused and broken in short order. This is human nature. It's not just children who behave that way it's people who behave that way including and especially those who have been public officials most of their lives.

Government uses other people's money for everything they do and therefore all Government purchases are third party purchases. In all third party purchases the purchaser cares less about value and cost than would a first party ( the person who worked for and earned the money being spent ) person. When a person would come to my office seeking elective surgery the first question was does my insurance pay for this? If the answer was yes not once did anyone ask for a cost breakdown, or seek a way to save the insurance company money. Why bother a third party is paying for it. When a third party purchase is made the purchaser cares little about cost or value. All Government purchases are third party purchases. The Government cares little about cost or value when using YOUR MONEY! You have $8/capsule tylenol in hospitals and you have $400 hammers in Government. Would you pay $400 for a hammer.

So we can say that all dollars used by Government are NOT used at peak value. And that the dollars used by the private citizen are used at peak value because as the money earner the citizen cares a great deal about cost and value. So why on earth would anyone want to vote for a Clinton or an Obama knowing they want to raise taxes. Some rhetoric suggests that they will raise taxes on the wealthiest people and "redistribute it to the non wealthy" in the form of programs and plans to make life better for the less fortunate. I believe the less fortunate would be better off with more higher paying jobs and opportunities not more Government.

Lets just assume one of the reasons the wealthy are wealthy is because they care deeply about cost and value and thats one reason why they are wealthy. This is probably a true assumption. Money maximizes it's usefulness when it can be leveraged to make more money. It becomes more than a commodity and becomes capitol. Capitol is used to create all kinds of industry, new companies, retooled factories, whole new industries.

Now compare that with Governments use of Capitol. Lets take Social Security for example. Assuming there is money in the SS fund it is due to run out within the next 30 years. Now SS was instituted many years ago under FDR. Workers began contributing to the fund and at the time of it's inception there were 33 worker contributing to 1 retired person. What a windfall for Government. And you know the rest of the story, right. The SS administration invested the money wisely in various funds and bonds and securities and watched the fund grow and grow and grow, right. WRONG! They squandered it and now there are just 3 workers contributing for every1 retired person and the baby boomer's have not begun retiring in force yet.

Our votes have consequences. Now I know Obama's a good guy, tall and handsome and I have to admit I like him. He seems to have character and integrity but his ideas if implemented will have dire effects. And then theres Clinton, if only she was an M. Thatcher. But she's not by a long shot. I think she's even more dangerous than Obama. According to the above article it would be stupid to vote for anyone who wanted to vote for a tax and spender. You know that liberals feel that conservatives are evil and conservatives think that liberals are stupid. I lean toward the latter rather than the former.