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akuma587 on 22 June 2009
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bdbdbd said:
TheRealMafoo said:

The problem is it’s backwards. The government should figure out what it needs in money to do its job, and then bill the people for it.


But how it works, is they collect the most they think they can get their hands on, and then decide what to spend it on.



You have rather low taxrate, but that's not really an issue here.

Budget surplus (as i understood you were meaning) isn't a bad thing, the money would go back to circulation. More problematic thing is the loantaking (i'm not going into detail here, since it has important upsides) to create the surplus.

Creating a budget isn't that easy, since the tax income may vary largely from estimations, and the money to the budget isn't last year tax income, it's the taxes collected "at the moment" (or in another words, it's spent as soon as the money comes in). Of course, different ministeries may spend their whole budget so, that it wouldn't be reduced next year in favour of another, which do look what you described.

Plus a budget surplus can be used to pay down the national debt (and is the only way to pay down the national debt). 

And for everyone who complains about Obama spending so much money, I would like to remind you that Bush's budget for his last term was over $3.1 trillion.  And that does not include the $700 billion TARP legislation. 



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson