One of the problems that America has when it comes to fiscal policy and what the role of government should be. Is that Americans tend to want more government then they are willing to pay for, high taxes are unpopular in this country. Unlike in Europe but high government spending isn't especially if Americans don't have to pay for it in higher taxes. And the Federal Government unlike State Governments can just borrow money from Russia, China, Saudi Arabia etc. To pay for their government spending that Americans don't want to pay for themselves and if politicians. Force them to pay for the government spending in either higher taxes or in spending cuts, politicians risk. Losing what in too many cases they cherish most which is their jobs either in Congress or in the White House. Unlike one of the advantages that state governments have is that they don't control the Federal currency. So they can't take out a loan from another country and are forced to pay their bills with either new revenue. Or by cutting spending which forces the states to set priorities and actually have a budget and not decide to. Spend more just because some new crisis arises.
So if we really want to get our fiscal house and order so to speak where at the very least our debt and deficit. Is not growing faster then our economy and they are actually coming down and shrinking, we need to restore. Limited government in this country which is going to require politicians to actually lead and tell voters I can't. Do everything that you want me to do for you with either current revenue or spending levels, which means I. Need you to layout what you want me to do and I'll do what I can to do that for you or I'll tell you what I expect. Government to do based on the resources that we have based on what I believe the Federal Government should be doing. And it might not be as much government that you want from me but it will be based on what I believe the. Federal Government should be doing based on the resources that we have and if we are going to go further then. That I'm going to have to cut in areas where the Federal Government shouldn't have as big of a role and where. The people should be doing more for themselves.
Limited government is especially important especially in an era of limited resources with rising debt and deficits. And with sluggish economic growth which means politicians need to figure out exactly what the Federal Government. Should be doing and cut in areas where we shouldn't be spending as much money and reform in areas where. We need the government to play a role but need it to do a better job and that means cutting budgets, making government. Work better and requiring that all Americans are paying their fair share in taxes.
