Ten Reasons I Hate Politics and One Reason I Don’t - Part 4

4.  I Bet You A Trillion Dollars I Can Spend More Money Than You

At one time, it seemed there were at least a few politicians who took balancing the federal budget seriously. Today, those type of people would be laughed out of DC. “You believe WHAT?” To be fair, much of the problem stems from the citizenry. People want way too much from their government and aren’t willing to pay for it. We want low taxes and high spending. Hey, I want that too, but you know what, IT WON’T WORK! And because we want so much for so little, oftentimes the candidate that gets elected is the one that promises to provide the most. Basically, we have become a nation of debtors, living beyond our means in so many ways.

Think about it. What does it mean for our country to be nearly $20 trillion in debt? Well, at its base level, it means that our country has bought $20 trillion of stuff that we couldn’t afford.

In 2015, our federal government took in about $3.3 trillion in revenue; the highest amount in history. This would be like a person who makes $33,000 a year owing the bank $200,000. You might say, “There are plenty of people like that given many people have mortgages, car loans, and credit card debt.” Yes, but hold your horses, partner. Most people take out these loans and then start paying them back out of their income stream without borrowing any more. But not the federal government. In 2015, they borrowed $440 billion to make up for their shortfall. That would be like our theoretical person who earns $33,000 and owes $200,000 borrowing another $4,400. And then continuing to borrow that much year after year.

But wait, you say. The federal deficit is coming down. Eventually it will be zero and maybe go into a surplus. THEN, we can start paying off that debt. To that I say in a gravelly Steven Tyler voice, “Dream on.” When has THAT ever happened? Well, actually it did happen to a small extent back at the end of the Bill Clinton presidency and the beginning of the George W. Bush presidency. We actually ran a modest surplus for four years. But the problem is that when politicians get a whiff of extra money, a spending zeitgeist kicks in and they start adding new programs or spending more on existing ones rather than paying down the debt. Then suddenly, to everyone’s seeming surprise, all that extra money is gone and they have to start borrowing again. It seems to be a never-ending cycle. A deficit reincarnation scheme. Each time our leaders are naughty, they are reincarnated as even naughtier leaders. Given this scenario, our nation will never reach debt-free Nirvana.

To see the problem, all you have to do is listen to a typical politician’s speech. It will go something like this: “Yes, we need to reduce the nation’s debt. (blah, blah, blah) We need to have free college for students. We need to have free healthcare for all. We need to have the most powerful military in the world. And so on, and so on, and so on, almost ad infinitum.

Occasionally, some spaced-out reporter will actually challenge these politicians by asking how they will pay for all those programs while at the same time paying down the debt. And the answer is almost always, “Well, under my leadership, the nation’s economy will grow by leaps and bounds, increasing the tax base, thus bringing in more revenue. Why, we’ll have so much money flowing into the federal treasury, we won’t know what to do with it.” Uh, we all know that’s a lie. Politicians ALWAYS know what to do with extra money.

If asked whether it’s a good idea for the federal government to get involved in all those new programs, the answers will be something like this:

“The American people deserve it.”

“It is every American’s right.”

“We can’t afford NOT to pay for those things.”

"We're the richest nation on Earth. Why not?"

“We’ll save so much money having the government manage this program rather than the private sector, it’ll pay for itself.”

To all of those statements I respond with that famous double positive that means a negative, “Yeah, right!”

Folks, nothing is going to change until “We The People” begin to realize that we can no longer live beyond our means and start voting for fiscally conservative politicians. Otherwise, bye-bye country.

GREED

I recently posted a one-sentence thought about greed on several social media sites. I decided to expand on this thought with a blog post. Here is what the original post said.


“Greed can be found more in the poor who demand the goods of others than in the wealthy who earn their own.”


I have found that a number of people balk at such comments and may think I have something against poor people. But just the opposite is true. I want all of us to live in a society where it is possible for poor people to become wealthy. I have nothing against poor people, but I do have something against being poor. Therefore, to better understand my one-sentence thought, let’s take a look at a typical definition of the word greed.


“An excessive desire to acquire or possess more than what one needs or deserves, especially with respect to material wealth.” -- The Free Dictionary


Most people tend to concentrate on the first part of this definition, “…more than one needs”, rather than the second part, “…more than one deserves”. I tend to think of the former as a good type of greed and the latter as a bad type of greed. Why? Because of the consequences of each. Let’s take a closer look.

When someone says that another person is greedy because they have a great desire to have more than they need, a number of questions need to be asked. How much does a person truly need? Does need end at the point of survival? Or does need mean having enough to live comfortably? What do you consider to be an excessive desire as opposed to a moderate desire? Does a person’s actions in pursuit of more possessions play into the equation at all?

Here in the United States as well as other developed nations, the free enterprise system has provided its citizens with the means to become wealthy beyond our wildest imaginations. In countries where free enterprise is non-existent, the populace tend to live in poverty. Sure, the leaders may live a life of opulence, but the average person does not, and has very little chance of getting out of his situation apart from leaving for a freer nation. Most countries today have mixed economies, meaning that the economy is free to some degree, but controlled by the government to some degree also. In general, the wealth of a nation increases with the degree to which it is free.

So, what happens when a greedy entrepreneur decides he wants more than he needs. WEALTH! That entrepreneur, in order to gain what he so desires, must develop a product or service that other people want and are willing to pay him more than he put into creating it. That provides the entrepreneur profit. But it also benefits the buyer because they needed or wanted the product or service more than the money they paid for it. It also benefits all those people the entrepreneur had to hire to design, develop, and produce his product. Most people understand this. When people think of greedy people, most are probably thinking of the ones that are willing to cheat or steal to get their wealth. Yes, those actions are wrong. But one must keep in mind that it is not the greed that is wrong, but rather the means by which they went about satisfying their greed. Let’s simplify. There is nothing wrong with my desiring to have a new flat screen TV, and there is nothing wrong with me working at a job to earn the money to buy the TV. However, if I just went down to Best Buy and took it without paying, that’s stealing, and it is wrong. Yet, my desire for the TV was still not wrong, just the means I chose to satisfy my desire.

This leads to the second definition of greed: an excessive desire for more than one deserves. What does one deserve? This should be easy. A person deserves whatever they can obtain honestly. If a person has skills that only earns them $10,000 per year, then $10,000 in goods and services is what they deserve. If a person has skills where they can honestly earn $6,000,000 per year, then they deserve $6,000,000 in goods and services. To say otherwise is to create artificial boundaries. Yes, it sometimes appears that there are a large number of people who become wealthy by cheating and stealing. I personally believe this is mostly perception rather than reality. The press writes a lot about rich crooks, but very little about rich honest people. So, in our minds, we tend to think that a large proportion of rich people got that way by cheating. But even if I am wrong, my point is still valid. It’s the actions one takes to satisfy his greed that determines right and wrong, not the greed itself.

So, can poor people be greedy in the sense of having an excessive desire for more than they deserve. Well, of course they can. And they can cheat and steal just like rich people can. They may not steal as much as the rich, but the principle is still the same. It is wrong to cheat and steal to obtain that which we did not earn. Acting on this type of greed almost always requires one to do wrong. Why? Because how else can one obtain more than they deserve? I can only think of one moral way. Charity. This is where people voluntarily donate time, goods, and money to help those who got a bad break in life though no fault of their own. Yet, there are quite a few people who believe they are due more than they can obtain honestly or through charity and are willing to commit a crime to obtain it. Or, and this is a big OR, they get government to obtain their largesse for them.

Unfortunately, what we are seeing more and more of these days are able-bodied people mooching off the working public via a state-sanctioned welfare program. If one were to suggest that these particular people should be removed from the rolls, many protests would arise because this charity is now thought of as something deserved.

So, let’s summarize. Desiring more wealth is not wrong in and of itself regardless of your status in life. Call it greed if you want, but don’t call it wrong. I call it wanting to improve your lot in life. Even if you consider it wrong for the super wealthy to desire more, surely you can’t believe that it is wrong for a person to desire more, even strongly desire more, if they live at subsistence level (meaning they have just what they need and no more). Would you be willing to walk up to a frail person in a third world country who is surviving, but not thriving, and tell him he is greedy for desiring more out of life? If so, then shame on you. All people should be free to pursue whatever status they so desire. And therein lies the problem. The countries where the people do not thrive are the ones where the leaders are oppressive. Most of these nations’ citizens probably desire a better life, meaning more wealth. What they need are new leaders that allow them to be free.

Now, back to my one-liner. “Greed can be found more in the poor who demand the goods of others than in the wealthy who earn their own.” Here I am using the word “greed” in the sense of desiring more than one deserves. As such, I believe my statement to be true.