We can spend our money better than the government

Most Americans realize that running deficits and increasing our debt, now over $20 trillion, can be a dangerous government policy. They know they must live within their means and not incur too much debt.

During the debate over tax cuts, some will say the cuts must be “paid for” by spending cuts or other tax increases.

Can we agree that I spend my money more wisely than you would spend my money, and that government will spend our money less wisely than you or I?

When government spends money, the decisions are made by politicians and bureaucrats. Their decisions have more to do with keeping their own jobs and putting themselves in more favorable positions than what is best for the citizens they ostensibly serve.

When government reduces taxes, that money stays with those families and businesses who worked for it. It is their money. They will spend or invest it in ways that bring the most benefit to them which will cause our economy to grow more than if government collects and spends it. Spending cuts are the only “pay fors” that should be included. Tax increases in other areas should be off the table.

This story was originally published December 12, 2017 at 7:00 PM with the headline "We can spend our money better than the government."