Sunday, April 18, 2010

Cut Congress' Scope

Congress does a poor job because they don’t stick to their knitting. Their knitting is amply described in the 10th Amendment of the Constitution, a little understood and unpopular document among Progressives. The Progressives push the scope of government way beyond the confines of the 10th Amendment of the Constitution. Congress needs to get out of the entitlement, earmark and foreign aid businesses and do it quickly. If they do not, they will bring down the government and the economy in a crash that will make the end of the Roman Empire look like a picnic.

Congress should end Social Security and Medicare. Those millions still stuck in these systems will need to be paid out, but children who have not yet earned any wages should have their 15.3% sent to their own private accounts to pay for their own retirement and healthcare. The shortfall of no new entrants should be paid by a 5% National Sales Tax that goes lower to match the lower costs, then ends. Future retirees will have $1 million to $2 million accounts and no government hand-outs.

Medicaid, Healthcare and other welfare subsidies should be drawn down gradually until they no longer exist. Third-party payer schemes should be reduced, then ended.

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