Miss Marple said we are all alloted three score and ten years, and like Miss Marple I shall soon be overdrawn.
Now, having lived 70 years, I will use this blog to record my observations and try to answer the question, "Is the hokey-pokey really what it's all about?
Sunday, September 18, 2016
CUTTING COST WITHOUT CUTTING SOCIAL PROGRAMS 101
Republican claims they can offset tax cuts by cutting back on waste and
The truth is
that a large percentage of our federal budget becomes waste and abuse; but
there is no desire to address it. It
is much easier to blame our deficits on social programs for poor people and
seniors, and in the true Republican way push to turn these programs over to
profit making companies – privatizing them.
Disregarding, for now, the obvious military black money hole let's focus on other waste. One of our
most wasteful branches of government is the federal mint.
It cost two
cents to mint a penny and nine and four tents cents to make a nickel. The dollar bill is expensive to print and
the useful expectancy short as compared to coins. A one-dollar coin would last for years and the
cost to mint negligible in comparison.
Of course, people don’t like the one-dollar coin, but they could get used
to it; besides most people now use debit cards for transactions. And then there is the question: what the hell can you buy with a penny, nickle, or dime for that matter? So why make them?