Now that it is time to submit our absentee ballots in many states, it’s time to focus on what you can do about government debt. It is not just at the Federal level, with the Presidential, House, and Senate races. Your vote can make a difference at many levels. Here are 3 ways you can help shrink government and debt down to size:
- Vote NO on every bond issue. I know this seems harsh. After all, bonds are specifically targeted to schools, community improvements, etc. But bonds are debt. The truth is, most municipalities are over indebted. Some are in bankruptcy, and many are bankruptcies waiting to happen. Yours may not be among them, but all municipalities are struggling with the demographic trends – less tax revenues, less business and jobs, and overweight pension plans. Force them to make the hard choices. If you vote NO on bonds, this can help force needed changes in the size and scope of government.
- Vote NO on every tax increase. Bureaucrats have gotten good at trying to frame tax increases in sneaky ways. They will be written in such a way as the money is ‘required’ to go to the kids, or to the cops, or to whatever. Or they will be ‘temporary’. There is no such thing as a temporary tax increase. And nothing prevents money that is required to go someplace from being diverted later. Don’t give them more money to spend and leverage. Just vote NO.
- Vote OUT profligate spenders, and don’t vote them back. Take the time to look up people’s spending and tax increase records. Don’t trust the party labels. Look for yourself. If they are tax-happy or spending-happy – throw ‘em out.
Don’t fall for all the arguments the people make about how ‘important’ or ‘critical’ it is to fund this or that. Don’t fall for scare tactics about how police, firefighters, or schools will be cut. Maybe all that will happen, maybe it won’t. At this present time, the most pressing threat to our security and our children’s futures is rampant debt. Ask any finance adviser. The only way to cure rampant debt is to stop incurring new debt, tighten your belt, and start digging out. Your votes can make a serious dent if you vote for no debt, no taxes, and vote out the profligates.
Photo credit: terrellaftermath