Dear Senator Pryor, here are some spending cut suggestions (“Thirsty Thursday”, Open letter to Senator Pryor, cartoon included)

Senator Pryor pictured below:

Will Rogers has a great quote that I love. He noted, “Lord, the money we do spend on Government and it’s not one bit better than the government we got for one-third the money twenty years ago”(Paula McSpadden Love, The Will Rogers Book, (1972) p. 20.)

Why do I keep writing and email Senator Pryor suggestions on how to cut our budget? I gave him hundreds of ideas about how to cut spending and as far as I can tell he has taken none of my suggestions. You can find some of my suggestions here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here,  here, and  here, and they all were emailed to him. In fact, I have written 13 posts pointing out reasons why I believe Senator Pryor’s re-election attempt will be unsuccessful. HERE I GO AGAIN WITH ANOTHER EMAIL I JUST SENT TO SENATOR PRYOR!!!

Dear Senator Pryor,

Why not pass the Balanced  Budget amendment? As you know that federal deficit is at all time high (1.6 trillion deficit with revenues of 2.2 trillion and spending at 3.8 trillion).

On my blog www.thedailyhatch.org . I took you at your word and sent you over 100 emails with specific spending cut ideas. (Actually there were over 160 emails with specific spending cut suggestions.) However, I did not see any of them in the recent debt deal that Congress adopted although you did respond to me several times. Now I am trying another approach. Every week from now on I will send you an email explaining different reasons why we need the Balanced Budget Amendment. It will appear on my blog on “Thirsty Thursday” because the government is always thirsty for more money to spend. Today I actually have included a great article below from the Heritage Foundation concerning an area of our federal budget that needs to be cut down to size. The funny thing about the Sequester and the 2.4% of cuts in future increases is that President Obama set these up and then he acted like the sky was falling in as the cartoons indicate in the newspapers.

IF YOU TRULY WANT TO CUT THE BUDGET AND BALANCE THE BUDGET THEN SUBMIT THESE POTENTIAL BUDGET CUTS PRESENTED BELOW!!

M. Christian McNally and Emily Goff

February 27, 2013 at 6:00 pm

Smith/MCT/Newscom

The White House warns that sequestration “would reduce loan guarantees to small businesses by up to $902 million”—loans that it claims are “investments that are helping grow our economy.” Setting this flawed Keynesian line of thinking aside, it’s worth investigating whether or not there is room to reduce spending at the Small Business Administration (SBA), which issues these loans.

No surprise, there is. The Waste Book 2012, from the office of Senator Tom Coburn (R–OK), found that cupcake shop owners across the country received $2 million in SBA loans in 2012. While these cupcakes may be delicious, propping up such small businesses with federal tax dollars is not a proper, much less critical, function of the federal government.

Access to capital is crucial for starting a small business, but private banks and venture capitalist firms—not the federal government acting as a bank—should be in the business of giving loans to entrepreneurs. They allocate capital more efficiently than the federal government, and they don’t leave taxpayers on the hook should a company fail. Taxpayers have seen Exhibits A through Z of what happens when the federal government picks winners and losers, in the slew of failed green energy companies that were financed with their tax dollars.

The Government Accountability Office has also identified waste at the SBA. It noted that the SBA is one of four federal agencies that run 80 economic development programs. Translation: significant overlap, duplication, and wasteful spending.

The Heritage Foundation has explained how the SBA “unnecessarily intervenes in free markets,” and thus should be eliminated entirely. Alternatively, Senator Coburn outlined in a 2011 report on budget reforms several ideas to programmatically reform the SBA that could save taxpayers several billion dollars over a decade.

Lawmakers should not force taxpayers to financially back small businesses through the SBA. Instead, they should allow the private sector to fulfill this role entirely—as it will if Washington would stop its overburdening meddling— while they focus on more pressing matters, such as cutting spending and reforming entitlements, to put the country on a path to balancing the budget in 10 years.

Christian McNally is currently a member of the Young Leaders Program at The Heritage Foundation. For more information on interning at Heritage, please click here.

______________

From Dan Mitchell’s Blog:

Sequester Cartoons

February 21, 2013 by Dan Mitchell

I’ve previously shared some very good “government-shutdown” jokes, and also two superb cartoons on that topic from the 1990s.

So I guess it was only a matter of time before we got some cartoons about sequestration.

But I don’t like most of them because they imply sequestration is a bad thing.

But this Lisa Benson cartoon is worth sharing if for no other reason that it calls attention to the fact that people are myopically fixating on a very small sequester while ignoring a giant long-run entitlement problem.

Sequester Cartoon Benson

The good news, for what it’s worth, is that the House of Representatives voted for good entitlement reform in 2011 and 2012. So it’s theoretically possible that we may deal with that meteor before it causes a Greek-style meltdown at some point in the future.

I also like this next cartoon, produced by Jerry Holbert, because it shows Uncle Sam as a big fat slob.

The obvious implication is that government is too big and needs to be put on a diet, with is the same theme we get with this cartoon about redistribution, this cartoon about the VAT., and these cartoons about Obama’s agenda.

Sequester Cartoon Holbert

The problem, of course, is that the sequester is too small. But at least this cartoon suggests that the problem is too much government spending and that Uncle Sam needs to lose some weight.

The Balanced Budget Amendment is the only thing I can think of that would force Washington to cut spending. We have only a handful of balanced budgets in the last 60 years, so obviously what we are doing is not working. We are passing along this debt to the next generation. YOUR APPROACH HAS BEEN TO REJECT THE BALANCED BUDGET “BECAUSE WE SHOULD CUT THE BUDGET OURSELF,” WELL THEN HERE IS YOUR CHANCE!!!! SUBMIT THESE CUTS!!!!

Thank you for this opportunity to share my ideas with you.

Sincerely,

Everette Hatcher, lowcostsqueegees@yahoo.com www.thedailyhatch.org, 13900 Cottontail Lane, Alexander, AR 72002, ph 501-920-5733

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