Kindergarten Solution to Government Spending

Have you read the poem "All I really need to know I learned in Kindergarten"?  It teaches simple lessons of life and leadership that often get overly complicated in adulthood.

I think that government spending which has been out of control for decades can be resolved by Kindergarten economics.

You Can't Spend What You Don't Have

All of is learned as kids that we can't buy things when the money runs out.  Americans have been struggling with borrowing and spending but most of us have to balance our budgets eventually.

I am amazed that the government talks about five year plans to balance the budget.  When a family or a business has less income than bills we declare an emergency and we find ways to make more money or cut expenses.  A five year plan is just not acceptable.  A five year plan that fails is ridiculous.

You Have To Pay Your Bills

 If you owe someone money you have to pay them and obviously you should never borrow so much money that could never re-pay someone. 

If Government can't even balance the income vs. expenditures, it is no where near able to pay its massive 55 Trillion Dollars worth of debt (including unfunded Social Security and Medicare). 

Watch a great documentary about the total government debt "I.O.U.S.A."

Don't Rob Peter to Pay Paul

The government has borrowed from Social Security and Medicare funds in order to fund other activities.  A pretty basic mistake.

Save For a Rainy Day

Most us learned very early that we should save some money for things that might happen later.  Hopefully your parents made you do this.

It should be no surprise that we are going to have a war now and then.  We have a war about every ten years. 

It should be no surprise that we have a recession.  We have a recession about every ten years. 

You would think the government might just save up some money knowing that a war or a recession just may come along.