–Behemoth social entitlement programs must be privatized to some degree. This is the “dirty little secret” that has Democrats in utter denial and Republicans walking on eggshells. Nobody wants to tell the public that Medicaid, Medicare and Social Security cannot survive without being subjected to free-market forces and at least partially removed from the government ledger.
Democrats have been quite successful demagoguing this issue. So much so, that many Americans are convinced private accounts controlled by Americans themselves, even if they are tied to the safest and most vanilla investment vehicles in existence, are less safe than sending their money to the politicians Washington, D.C. Even the fact that Americans’ retirement dollars are being used as general revenue outlays–meaning the so-called Social Security lock box doesn’t exist–has failed to sway people that controlling their own destiny is a far better bet than leaving it in the hands of politicians who have unquestionably demonstrated a total lack of fiscal responsibility.
This mindset must change for the most obvious of reasons: continuing down our current path with make our current deficit of 13 trillion dollars look like chump change within a generation. Without serious reform of the Big Three, every other cut in spending will be nothing more than nibbling around the edges. Much like their counterparts in France and England, the American left can continue to misrepresent reality, but exactly like France and England, the numbers don’t lie.
–Everyone should be required pay income taxes. A non-starter with Democrats for obvious reasons: the 48% of Americans currently removed from the income tax rolls will more than likely vote for the party willing to give them “something for nothing.” Republicans played tit-for-tat with “compassionate conservatism,” and now both parties must contend with a Tea Party movement sick of the fiscally irresponsible charade. Again, the moral component is important: if one considers taxes payment for the country’s upkeep, all citizens should participate in that upkeep no matter how modestly.
–Government should encourage responsible behavior. This is the exact opposite of what government has been doing for years, and it has now reached unprecedented proportions with “too big to fail” bailouts, nearly a trillion dollars of un-stimulating stimulus and the attempt to prop up a housing market which desperately needs to find a genuine bottom in order to recover. No country can sustain itself by removing substantial numbers of people in every income bracket from the consequences of their behavior. Yet note the word “encourage.” Nothing is more annoying than the current Nanny State approach of mandating particular behavior “for our own good” with “do as I say, not as I do” politicians leading the charge.