Posted by Tina
The word “austerity” is is used by our socialist friends to disparage sound economic policy. They scornfully spit out the term so as to make the word sound evil: denying children food and shelter and throwing grandma off a cliff. So let’s take a look at what austerity economics looks like in terms any dummy should be able to get:
1. Austerity is not running up a your credit card to a five thousand dollar balance when you only make the minimum wage.
2. Austerity is making sure your kids are well fed, clothed, and cared for medically BEFORE you spend on junk food cigarettes, booze, drugs, eating out or any other extravagance.
3. Austerity is finding ways to save, even if it’s only pennies at a time.
4. Austerity is paying bills on time.
5. Austerity is looking for ways to improve your economic situation.
Definition of austerity from Investopedia;
Austerity is a state of reduced spending and increased frugality in the financial sector. Austerity measures generally refer to the measures taken by governments to reduce expenditures in an attempt to shrink their growing budget deficits.
So Austerity is about living ones life responsibly and in terms of our government it means being wise managers, responsible managers, of the peoples tax money. Does anyone recall the way the left railed against Bush deficit spending. President Obama called it “irresponsible” and “unpatriotric.”
Tell me, how is austerity a bad thing? Why shouldn’t austerity be a high priority of government? And in terms of the overall economy, why shouldn’t what the people need be a high priority as well.
In the last ten years the Democrat Party has had their way. President Obama was ushered in with enormous support by the people. Despite the fact that his policies were not resulting in a growing economy and plenty of jobs, the people elected him again delivering a mandate. After nearly four more years it should be obvious, austerity has been thrown out the window, job creators have been oppressed, and the people are suffering. The president and the left media are still trying to convince the American people that the success of Reagonomics is a myth. What a pathetic political line of BS that is. Obama has never seen growth of 3% during his entire term of office. One of the Reagan years saw growth over 7% and the remaining years averaged around 3%. New businesses sprung up, good jobs were created, and a robust economy continues well beyond his presidency. Bill Clinton benefited from the momentum of the robust Reagan recovery when he made the wise decision to declare the era of big government over and cooperated with the republicans in Congress to enact Reaganesque policy and tax rates.
America needs strong growth. It will not happen in a Bernie or Hillary presidency. Both abhor responsible government, preferring to tax, spend, and grow the cost of government. Just as the last eight years have shown, this would result in more misery for the American people.
Austerity works to make families stronger. It works to make our government stronger and our people more productive, happy, and able to grow the family budget. Austerity is the responsible path to prosperity.