June 15, 2010

Reduce the State and National Debt!

• According to recent polling results, less than one quarter of North Carolina voters believe that our state is headed in the right direction. The vast majority believe that state government is failing us.

• This series of articles highlights policy reforms that many believe are needed to move our state in the right direction. Previously, we reported on the need to support businesses and jobs by easing our state's comparably high tax burden.

This article focuses on arguably the biggest threat to our society - the massive government debt.

Policy Reform #2 – REDUCE THE STATE AND NATIONAL DEBT!

The problem: Government debt is excessive, out of control, and unsustainable. Before long the interest on the debt will consume our resources. It is an economic disaster in progress. Our children will never be able to pay the debt off that our government is spending today. Bigger, more intrusive government not only does not solve problems, we cannot afford it. There is absolutely no time to waste, but politicians continue to grow government control, spending, and more debt.

The solution: We absolutely must reduce government spending. You cannot spend what you do not have but for so long. The time of disaster is soon approaching. This is a grave concern both on the national and state levels. We need honest leadership! Can you continue to spend money you don’t have just because you want something? Of course not. You spend within your means, or eventually you go bankrupt. If families and businesses operated like our government, people would go to jail. Those that say “government can just print more money” obviously do not know their history. Every society that has tried this has faced certain economic disaster. It can and will happen here, unless we change course. But, rather than changing to avoid a socioeconomic trainwreck, politicians are simply speeding up the train!

We will effectively reduce government spending when we rein in big government, and restore it to its proper constitutional role. But, an immediate solution is to prioritize spending with a balanced budget. We cannot continue to borrow more!

Our opponent has continually voted for higher taxes and more borrowing, to fuel more government control and huge increases in spending. Government watchdog groups report that our state budget is up 300% during the time that state population has grown only about 60%. The result has been devastating to the state’s economy and jobs.

With redistricting in 2011, the General Assembly will greatly affect national issues, including the debt. Congressional and state legislative districts currently drawn to benefit liberal, progressive politicians can be redrawn to better represent the will of the people. 2010 is a huge election year that will very much affect state and national politics for ten years.

Friends, it is definitely time for a change!