And you can't have a prosperous economy when the government is way overspending raising tax rates printing too much money over regulating and restricting free trade. It just can't be done.
It is time we passed a balanced budget amendment and return this government to limited spending.
To reduce deficit spending and our enormous debt you reign in spending. You cut the budget. You don't take more from the private sector and grow government with it. And that's exactly what Obama has in mind with this expiration of Bush tax cuts proposal of his.
In a clean break from the Obama years and frankly from the years before this president we will keep federal spending at 20 percent of GDP or less. That is enough. The choice is whether to put hard limits on economic growth or hard limits on the size of government and we choose to limit government.
In a very weak economy when you say 'cut government spending ' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes.
Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save invest innovate and work.
Since taking office President Obama has signed into law spending increases of nearly 25 percent for domestic government agencies - an 84 percent increase when you include the failed stimulus. All of this new government spending was sold as 'investment.'
We need transparency in government spending. We need to put each government expenditure online so every Floridian can see where their tax money is being spent.
As long as our government is administered for the good of the people and is regulated by their will as long as it secures to us the rights of persons and of property liberty of conscience and of the press it will be worth defending.
By making bold cuts in spending and commonsense entitlement reforms we will make our government simpler smaller and smarter.