Quote:
Originally Posted by Guest
There is no secret to balancing ANY budget!
Do not spend beyond what is available to spend.
We all do it every day in our life style. And the banks will ONLY lend what you can afford to pay back....which comes out of what is available to spend.
The government, state and local have the privilege of spending more than they have with no accountability they will never give up their pet programs or stop the stupid spending.
If you want to entertain yourself just google federal government paying to store minted monies that are not in use. Prepare yourself for a real eye opener.
This is only one example.
I personally participated in the lead for turning around troubled companies ($500,000,000 companies and above).
Same problem EVERY time. Cash flow and reducing spending to be below what revenues CAN SUPPORT.....no matter what takes.
Another illuminating exercise? How many people in the government are trained in balance sheets and income statements?
They do not know closely followed by they do not care.
When they purpose budget cuts they ALWAYS choose programs that purposely affect we the people. NEVER the frivolous spending.
This is all allowed and condoned by the LIV's who also don't know or care.......as long as it does not affect them.
The government budget shut down game is an insult to ANY informed responsible person at home or in corporate A Merida!
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Your post is the most factual on this thread. The finger pointing between Dems and Reps is exactly why this continues year after year. I also come out of the private sector and very familiar with a budgeting approach called zero base. It takes leadership to do this and clearly there are no leaders in public sector as of this writing. I did not vote for Obama but was very interested and impressed when he said it was immoral to spend money our children had to pay back. So much for leadership.