- Posted May 24, 2012 by
Des Moines, Iowa
This iReport is part of an assignment:
What does it mean to be Greek?
ideas to balance budgets
The following has to do with dealing with the federal debt. You would not want your pilot, of a plane you are on, to land in one swoop without big turbulence. You would not want to do the same to balance the budget without big turbulence in people's lives. Face it, people are resistant to big changes. If we are to change how people do business and how they get paid, it needs to be done in steps. Plus education needs to be part of the equation to change things. This can be done with the help of calculus.
For example, you begin this equation with 100 percent government spending and 0 percent private spending. This private spending includes paychecks and non-profit grants. Then you may want to go to 0 percent government spending and 100 percent private spending as your goal. The y-axis may represent government spending and the x-axis may represent time. Then you calculate the smooth transition from government spending to that of private spending, using the derivative of this curve. If you transition this change of type of payments too fast, you will find big turbulence in people's lives and to the world's financial markets. The end result will be millions of people taking to the streets, like that of Greece.
If you are to spend money on things like food stamps, welfare, and Medicaid anyway, why not give new grants to hire people on these programs? For example, if the total grants were less than these government payments, than it would make perfect financial sense to implement.
Education must be part of the equation to make necessary changes to people's lives and how they get paid. There is this thing called momentum. People are resistant to change, where momentum=0. Then for them to go to new ways of doing business, where momentum=100. There must be energy to change things for a minimum amount of time. Just like landing a plane on a smooth transaction, it cannot be done in one swoop. It must be done on a smooth transaction. These thoughts are ideas to help balance our federal budget, without big turbulence in people's lives and to the world's financial markets. Then we may finally solve this run away federal deficit by doing such ideas.