Monday, February 27, 2012

Fox Business News: Why we can't afford the payroll tax holiday

Last week, Fox Business News addressed the issue that few politicians have the nerve to discuss.  The $10-Billion-a-Month 'Holiday' this County Can't Afford explains the lunacy behind addressing mounting debt by piling more debt on the Social Security system.  As explained by Fox Business News, members of Congress have taken the opportunity of an election year to give the American people a "holiday" from payroll taxes - by reducing the payroll taxes paid by workers from 6.2% to 4.2%.  Sound great!  More money in our pockets on payday and less to the government.  What this article describes that your elected officials aren't telling you is the cost of this "holiday."  The reduction has to come from somewhere and this "tax break" takes money, of all places, out of Social Security - to the tune of $10 billion per month.  Americans, especially of our generation, should be outraged.  In a time where bankruptcy of the Social Security system is a very real concern, our elected politicians decide to give us an election year "gift" by robbing from our future - working to ensure that the system itself may not be available for our generation at retirement.  Fox Business News goes on to explain options for much more effective tax cuts that would have an actual benefit to the economy without adding billions to the national debt every month.  Our generation is too interested in short-term gratification and not engaged enough in holding our politicians to task on preserving our future. We should take more time to become educated on issues such as these and not let politicians pull wool over our eyes during an election year. 

Monday, February 20, 2012

My Political Idealology

I was raised to believe in the importance of voting.  When I was young, I would go to the voting booth with my mom and watch her "pull the lever" every time elections took place.  When I was 18 and able to vote for the first time, it was a big deal in my family.  I remember my parents taking me to breakfast afterwards to celebrate.  The other big influence I had was my Papaw.  He retired from the U.S. Army after serving in WW II, Vietnam War, and the Korean Conflict.  Though we didn't share the same political views, he always taught me that you did not have the right to complain about our government unless you participated in the election of the people who ran the government.  That thought has stuck with me more than most.
Growing up in a small town in central Texas, most of my political experience was from the right side of the isle.  I still am a conservative voter today.  In my 20's my husband attend law school at Georgetown University.  We lived and worked in Washington D.C.  There my conservative leanings became stronger.  Since having my two children, I feel I have become even more conservative, especially fiscally.  Our children are 7 and 4, and we already take them to vote with us.  I also talk to our 7 year old about politics on a level she can understand.