About Me

In writing the "About Me" portion of this blog I thought about the purpose of the blog - namely, preventing the growth of Socialism & stopping the Death Of Democracy in the American Republic & returning her to the "liberty to abundance" stage of our history. One word descriptions of people's philosophies or purposes are quite often inadequate. I feel that I am "liberal" meaning that I am broad minded, independent, generous, hospitable, & magnanimous. Under these terms "liberal" is a perfectly good word that has been corrupted over the years to mean the person is a left-winger or as Mark Levin more accurately wrote in his book "Liberty & Tyranny" a "statist" - someone looking for government or state control of society. I am certainly not that & have dedicated the blog to fighting this. I believe that I find what I am when I consider whether or not I am a "conservative" & specifically when I ask what is it that I am trying to conserve? It is the libertarian principles that America was founded upon & originally followed. That is the Return To Excellence that this blog is named for & is all about.

Saturday, April 30, 2011

Debt Ceiling Debate Reveals The Real Problem For The Middle Class

Thanks to Richard Luzzi for sending us this link regarding the meaningfulness to America of the debt ceiling limit that is quickly approaching. Please don't let the numbers in the video overwhelm you - they would be significant @ a fraction of the current & growing magnitude.

There is no problem with the approaching debt ceiling if America lived within its means - meaning that we spend only what we collect in taxes. The federal government currently spends every $ we collect in income & payroll taxes (& all of the others) plus borrows another 40%.

The real problem for middle-class America is what the entrepreneurial creators of wealth & jobs decide regarding how much more of the burden of the losers in our society they will carry.

Posted by ReturnToExcellence.net at 7:36 PM

3 comments:

  1. AnonymousApril 30, 2011 at 11:15 PM

    Thanks, Doug. Have seen that video before....good to look at it again to let it sink in.

    ReplyDelete
  2. AnonymousMay 1, 2011 at 10:50 PM

    I agree....we were in Peoria today to see our kids, and on the way home, Jim remarked that the CEO of CAT is putting pressure on the Gov of IL regarding high taxation. Caterpillar has had offers from many states with lower taxes to move.

    ReplyDelete
  3. AnonymousMay 2, 2011 at 5:26 PM

    Now this is an excellent video.

    ReplyDelete

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