It would seem that those in government were not so well brought up. Evidently, wasteful and out of control spending will continue.
From the Wastebook by Sen. Tom Coburn: $17,000 for each drip pan on the Blackhawk helicopters, or $1.5 million to develop a new kind of beef jerky by the Naval researchers.
No one wrangles over those prices anymore... that must be pocket change. Who cares that each drip pan would be a more than a year's salary for someone on minimum wages. I have hounded my senator and representatives and I know they underscore this crucial time of either cut spending or drown in debt in Washington. Have you called, written, emailed?
I do not understand why tax hikes are expected to jump start the economy through stimulus spending. Economic growth doesn't work that way. That is one of the basics learned in freshman economics.
Most people in Washington have not taken Economics 101, take for instance Maxine Waters' dire prediction per Jay Leno:
“As you know, Congress did not reach an agreement,” he continued, “and Congresswoman Maxine Waters said today that 170 million jobs could be lost because of it.”
“Now, there are only 155 million workers in America,” Leno explained, “yet, she says we'll lose 170 million jobs."
"Beginning to understand why we're in this situation in the first place now?" he asked. "Is it starting to become clear why everything isn't quite well?”
They would design it so that half the threatened cuts would be from the Defense Department….The idea was to make all of the threatened cuts so unthinkable and onerous that the supercommittee [tasked with making additional cuts] would do its work and come up with its own deficit reduction plan. (p. 326)