Romney-Ryan Budget and the Neediest
It is a myth that the Romney-Ryan budget ignores the poor and neediest. It is most essential to protect the neediest. The Romney-Ryan budget saves core entitlements long term especially for most needy. Our economic status mandates such a budget. Our total debt is now $16 trillion at 105% of GDP, growing 8% per year. What factors are causing unsustainable debt?
One factor is that many are receiving government benefits that do not really need them. 100 million Americans are now receiving some federal welfare not counting Social Security or Medicare. Disability benefits are now provided to 11 million. In 1967 the ratio of able bodied workers to disabled was 41 to 1. Today it is 16 to 1. This is impossible to pay much longer. This is fraud and restricts resources for the truly needy. What can we do?
US must reduce government spending in multiple areas including unnecessary welfare, reform entitlements and tax policy, repeal Dodd-Frank, cut defense, and get out of wars. A quick step to grow the economy is to allow more natural gas and oil drilling. This will help in job creation and reduce our trade deficit. Also vote for Mitt Romney who will allow a strong private economy to generate new prosperity for all. Barack Obama has been implementing a traditional European social welfare policy. At the May G20 Summit he encouraged Europe to further increase debt spending. He was rebuffed. Europeans are finally learning the hard way that such policies lead to substantial decreases in living standards, and even fierce riots. Choose wisely November 6.