Monday, August 29, 2011

Charlie's One-year Plan


According to data from the World Bank, the 2010 Gross Domestic Product for the United States of America was 14.5824 trillion dollars. By the end of 2011 the national debt for the U.S.A. will roam in the neighborhood of $16.8 trillion. As you probably know, the GDP represents the value of every product and service generated in the country for that year. So, it is obvious that our debt exceeds the value of everything produced in our country by every company and person for an entire year. Clearly this is not an economically healthy situation unless you are a scofflaw who intends to default. There are numerous plans floating in the air that purport to deal with our abysmal debt situation so I thought….”Why not me?”

Every other plan that has been suggested has some glaring flaws. They may enter a “glide path” to solvency which means, in fact, more debt, increased spending and larger government. Even the golden-boy guru of the GOP, Paul Ryan, introduced a plan that includes all of those weaknesses. Senator Pat Toomey has the sanest approach from among the political class. His proposal would have generated a small surplus by the tenth year of its enactment. The profligate Senate with the uninspired leadership of Harry Reid voted to reject the Toomey measure. That figures. Why endorse a serious attempt to remedy the situation? It would be totally out of character for the “greatest deliberative body of the world,” and for a gaggle of 100 self-serving ego maniacs.

Charlie’ One-Year Plan

As with most plans that have some legitimacy, mine has more than one step. The first is to dedicate the entire national GDP to debt retirement for one year. This plan would include the shared sacrifice that President Obama continually demands because there would be NO resources for food, fuel and other staples available to any citizen, any resident or any visitor in the United States of America. So if we can tough it out for one complete year, we will have nearly enough money to pay off the entire debt. But wait, there’s more.

How do we operate the government if our entire production income is dedicated to debt you might ask? It’s simple. The first thing we do is categorize all government beneficiaries and recipients as “employees.” In one swift blow we have eliminated every entitlement, welfare and subsidy program in the federal portfolio. We then tax our new employees just like the government loves to tax everyone else, and we create a new revenue stream for operating the overgrown glob of government. Of course, we’ll need more money to pay our new “employees.” Isn’t it great that government works so well?

Annexing Canada would be the next logical step in my one-year plan to fiscal solvency. The Canadian GDP of $1.574 trillion would cover most of our essential government services. Our friendly neighbors to the north would have to share in our 52-week sacrifice because if we absorbed their entire national product, no one could eat, drive or participate in normal daily life. Everyone knows that a robust United States is oh so good for Canada’s well being so asking them to share in our mutual misery shouldn’t be too difficult. Obviously, our obligation to the environment and the health of the planet would require that we shut down Canadian oil production. That would have a negative impact on GDP so we must seek another source for generating the income to operate the government.

Invading Mexico may seem extreme at first blush, but it is the most logical piece of our fixit puzzle. There is an amazing symmetry to our invading Mexico because many of their citizens have been invading us for decades. Also by absorbing their GDP of $1.040 trillion, we may recover a portion of the funds that have been systematically sent to Mexican residents by their relatives in the United States. Again, we would prohibit petroleum extraction which would diminish the GDP significantly but the remainder would provide just enough with our previous amounts to fund the government.

Some might argue that my plan would lead to a starving and impoverished country after one year, but I would counter with “all the other plans would yield results that are similar and would take ten years! My plan would also eliminate most of the debt whereas ALL the other proposals increase it.” My plan provides the statist’s dream that the career politicians have been so diligently seeking. Only big government is funded, all energy production is eliminated and the people are totally dependent on government “compassion” and government jobs for their existence.

Satire, sarcasm and cynicism have been tools that I have used in the past, and I may have employed them again. It’s up to you to decide. The nature of your reactions or responses will determine for me the height of your discernment and the depth of your intellect. This one-year plan is as sensible and as realistic as the ones proposed by the career politicians….and the pain wouldn’t last so long.

 

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