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Category Archives: Fiscal Responsibility

Fair Share 2020

Noted economist Herbert Stein once said, “Trends that can’t continue, won’t.” As federal debt leaps past $16 Trillion, it’s not hard to know when, and for whom, our current system will fail. Notably, there is one group that will pay the highest price for our current spending. This group has been completely disenfranchised from the political decision process – neglected by polls, focus groups, and minorities.

Not until 2020 will taxpayers born in 2002 have the right to cast ballots for their financial future. Based on our current trajectory, federal debt will have surpassed $26 Trillion by then. In the left’s desire to give everyone their “fair share,” big spenders on both sides have irresponsibly squandered trillions of dollars beyond the taxpayer’s understanding, leaving those who have no say in how it was spent with the bill. Federal spending has careened so far out of control that our biggest creditor, China, has urged restraint. Blasting the federal government, China’s state controlled mouthpiece, Xinhua said, “The U.S. is the largest debtor in the world who keeps eating May’s grain in April and robs Peter to pay Paul.”

By the time the class of 2020 graduate high school, they will be personally responsible for repaying well over $70,000 of goods and services that were consumed by America long before they began driver’s ed. This year’s deficit alone adds another $7000 to each and every taxpayer’s tab including teenagers entering the workforce (and voter rolls) for the first time.

For perspective, imagine yourself as a 19 year old, trying to make rent, fill your gas tank, and check out at the grocery store on $12 an hour. You make $2240 a month, but the price tag of this year’s deficit is $5760 per person. You’re trying to save up for college or trade school, but with a minimum federal tax rate of 24% there’s no way you can do it without going even deeper to debt. Everyone remembers being a starving student, but with these financial obligations, no matter hard you work, no matter how much you save, no matter how much you do without, you owe China another $192 every single day. This level of spending will force our kids to make a terrible choice: to spend their entire working lives funneling money to the government, or burden their children with debts that will never be paid off.

Our children are Peter.

What are we robbing our children for? Paul comes in the form of redundant programs, favored corporations, advertized dependence, breathtaking entitlements, and Big Bird.

To see the kind of future our kids face, we can look to Greece, France, Spain, Portugal, Ireland… the list goes on. In Greece, youth unemployment is around 50%. Spain’s nationwide unemployment is above 25% and climbing with even government jobs vanishing. In France 13 years of financial gains have been wiped out. Imagine if you woke up one day to discover you now had to live on the earnings of the job you had 13 years ago with no savings or assets to fall back on. France is one of the healthier countries in Europe and for 2012, a 1% growth target in the French economy is widely considered to be “unrealistic.”

One day the rising generation will look at the bill we’ve left on the table for them to pay, and they will hate us for spending their paychecks. They’ll only be able to dream of going to college, starting a family, or even saving for a rainy day, all so we could pay for an Ivy League college student’s birth control. They will envy the myth of personal savings accounts and loathe the need to take care of the older generation…and we will have earned it.

 
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Posted by on October 22, 2012 in Election 2012, Fiscal Responsibility

 

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Government Qualifications

Between the stellar job counting the Maine caucus, trying to amend a law that’s less than a month old, and the realities of implementing Obamacare, we’re having a really hard time believing government should be trusted with so much as a kindergartner’s school lunch.

Oh wait, they think they know how to do that too.

Awkward.

Tune into the Brazen 3 tonight from 10-11pm eastern to talk about NDAA, Romney’s *win* in Maine, Obamacare vs. Religion and more!

 

The State of the Campaign Address

Apologies, I thought addressing Congress, the Supreme Court, the Cabinet and The Joint Chiefs would require more than a stump speech and 70 minutes of “I love me.” However, once you get past the “fair share” comments, economic fantasies and requests for more executive power, one can almost see his plan for 2012.

Too bad the State of the Union Address was supposed to be a report card, not a sales pitch.

And what’s up with the constant grimmace?

I hope you're buying this...

LISTEN LIVE HERE from 9:30-11pm eastern with The Brazen 3 take on SOTU, the recent debates, SOPA repackaged and more!

Call 805.285.9769 to get on air.

 

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Big Hollywood says the sky is falling, needs SOPA to prop it up

As it turns out, Big Hollywood is pushing the Stop Online Piracy Act for a very good reason.

Buying legislation has worked for crony corporations before. If it ain’t broke…

Working like a well-oiled machine.

Tonight The Brazen 3 talk about what the New Hampshire Primary really means for the Tea Party, the next fight against Big Labor, The Supreme Court ruling on religious employment and more!

LISTEN HERE from 9:30-11pm est, join our live chat HERE and call 805.285.9769 to tell us what you think about the upcoming South Carolina Primary and beyond!

 

Behold, our Functional Republic!

Iowa has now rung in 2012 election season with as much nail biting as mathematically possible. How do you think the Tea Party fared? Call 805.285.9769 between 9:30-11p eastern with your opinion on the first of many, many tests we will face this year.

Congratulations America, this still works!

Also, it’s important to see what the Obama Administration tries to hide in the news cycle. The Iowa Caucus was no exception to his impeccable record of trying to sneak one past America. Tonight The Brazen 3 talk about Election 2012, Obama battle plans for this year, job creation and more!

CLICK THE MICROPHONE to listen and call 805.825.9769 to jump into what we promise will be a lively debate!

 

Cart, Horse & Farmer. Which one is which?

The farmer produces the farm.

The horse has a job.

The cart is an inanimate object.

Government can’t produce anything. It can only take from others. It’s also failing to do the job it was harnessed for. The only choice left is the cart, nothing more than a pile of sticks until the farmer and horse have use of it.

So, what could possibly make Harry Reid think that “My job is to create jobs.”?

Don't be fooled, the horses REALLY need that wagon.

Tonight on The Brazen 3 Show, hosts Shelby, Lauren and Cassidy analyze last Saturday’s debate, some creepy news from The Pentagon, and the new job machine!

Listen tonight from 9:30-11pm eastern HERE, join our live CHAT and call 805.285.9769 to get on air!

Because putting the cart before the horse never works.

 

 

 

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It’s just a flesh wound…

You know the EU is on life support when even the Chinese are trying to help them out.

In a furious bid to kick the can down the road once more, Ben Bernake has offered a helping hand to the collapsing Euro. The scary part comes when you realize that in order to “help” America must devalue its own money.

Tonight, The Brazen 3 discuss end-of-life care for the Euro, something more useless than Solyndra’s non-product, a surprise sighting of Tim Pawlenty and more!

Listen LIVE HERE from 10-11p est, call 805.285.9769 and join our live CHAT.

Don't worry, it's worthless anyway...