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The Case for Austerity

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  • Description

    The Judge explains why there’s a cognitive dissonance between the rhetoric and reality of spending cuts

  • Duration 4:54
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Does the government work for us that we work for the government.

Is the government capable of reducing its own spending.

-- -- -- only do so wondered is forced to do so tonight the case for austerity.

You'll remember this past summer's debt debate debacle it ended with the super committee which ended in failure which resulted in no cuts in government spending.

You remember the summer before that when Tea Party protesters came out in full force against obamacare and members of congress who were contemplating supporting it.

You remember when the Tea Party cause the Republicans to become the majority.

And the House of Representatives.

And -- replace -- few prominent liberal Republicans in the senate with small government conservatives.

Where's all the raucous protest where watch it when those who were elected to congress in 2010 on the promise of reining in spending.

So spectacularly.

And clearly failed to do just that.

Though it seems everybody wants something for nothing and everybody wants something from the government.

Frankly this is why Ron Paul has never been the flavor of the week.

He is the only serious Republican candidate who actually is advocating real austerity real spending cuts and a real shrinking of government.

Newt Gingrich and Mitt Romney don't wanna shrink the government because they'd love government.

They just want to manage it better.

But the problem with that approach of course is that government by its very nature is always -- -- the centralization.

Of decision making.

Amplifies poor decisions while dis incentivizing.

Prudent ones -- like an individual or a well run corporation.

Government is not motivated by how efficient it can be.

But rather by how lucrative it can be for those associated -- that and how those who run the government can stay in power.

Someone -- is philosophically opposed to government domination of the housing market.

Would not perpetuate it by taking one red cent of taxpayer money from Fannie Mae and Freddie Mac like the former speaker did.

Whether he calls himself a historian or -- lobbyist.

Someone philosophically opposed to government domination of the health -- market would -- offer up government does let's allusion.

To the problem of the uninsured.

Like the former governor of Massachusetts did.

Since the problem of the uninsured was created but government's involvement in the health care market in the first place.

The federal government does not need an efficient manager that's a pipe dream.

Based on the noble but flawed premise that government can be made to operate as a business it cannot.

Business is subject to the forces of free choices supply and demand and competition.

He -- -- the government subjecting itself to the forces of competition.

Can you imagine the government permitting us to ignore it.

Government's biggest sacred cow is of course the Pentagon.

The mere thought of reductions in the growth of the -- of defense spending have the Washington career screaming bloody murder.

Yet military expert after military expert not connected to the Pentagon and not employed in the defense industry.

Has told us over and over again about austerity.

We'll force the government to do what congress lacks the political courage to do.

Stated differently we will keep spending on bases we don't need.

On planes that sit unused in -- and on military hardware stored all over the world not for any national security interest.

But simply because they congressman has -- market we will do this unless we get serious about our future.

A dollar of military spending is not a dollar of military strength.

But it is a dollar into the coffers of those who contribute to congressional campaigns.

Think about.

Which is the greater threat to our national security and impoverished gaggle of Third World revolutionaries 101000 miles away.

Or our own national debt.

The answer America is obvious.

Government is not a jobs program and government is not your caretaker.

Government is an arrangement made by free individuals.

To protect their rights and their property.

Doesn't take three point six trillion dollars a year to do that effectively in America today.

At -- and even takes a trillion.

But we must swallow the bitter pill of austerity now on our own terms while we are still the undisputed leader of the free world -- while we still have a constitution.

So that we can restore our prosperity.

Consistent with personal liberty.

It is a far better -- -- waiting for the bitter pill of austerity to be forced upon us when our country has become a shell.

Of the proud of prosperous nation it once was.

Our cousins in Europe are learning that the hard way even as we marvel at their sudden but inexorable demise.

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