The industry is the heart of the private sector. Industries operate in the pure free market economy and must continually improve their productivity to maintain their profitability. A true industry receives no government subsidies or tax breaks. Innovation drives industries and they consistently offer the best value to their customers. They keep their costs low by perfecting their business processes to increase “throughput”. For manufacturing companies, increasing throughput is simply increasing units with the same resources. For service companies, it means increasing services for the same cost.
Bureaucracies exist in the “Private Sector” but these companies are less interested in controlling costs or increasing throughput. They include monopolies and government subsidized industries. Utility companies are more concerned about government relations than they are about watching their costs.
Tax-funded entities like healthcare and education are the most out of control. The cost of healthcare and education are unsustainable because they are heavily subsidized by government.
Government is its own Special Interest Group. The US government has violated the Constitution and expanded its influence way beyond its “enumerated powers” and State and local governments have absorbed services that are outside of their original charters. Those who work in government have no incentive to make government smaller or to rein in costs or “sunset” programs.
The US GDP in 2016 was $18.56 trillion. In FY 2017, total US government spending, federal, state, and local, is “guesstimated” to be $7.04 trillion. Government is consuming 38% of GDP. US Federal spending alone is $4 trillion and is 23% of GDP. Federal overspending is approaching $1 trillion a year.
First, we need to stop funding our enemies. Federal aid to foreign countries should be the first on the chopping block. This includes federal funds that support UN initiatives and other global entities. We need to stop funding non-profits.
Next we need to stop funding all UN Agenda 21 implementation in the US and close the bureaucracies that support them.
We need to stop funding all federal programs that are nonessential. Grants to States need to be reduced along with all other Federal Grants for unnecessary research and junk science and the bureaucracies that support them.
We need to give services back to the Private sector like mortgage lending and student loans. Public transit should be privatized to get it off the books.
Norb Leahy, Dunwoody GA Tea Party Leader