No More Cash 4 Clunkers

We have recently learned that if you give $4,500 to people that trade in junk cars that we can raise auto sales. It was so important that we borrowed money from China to fund the program. But at what expense?

As I walked my children to their first day of school this morning I caught myself wondering how much debt we, as a country, have taken on in the name of quick auto sales. In 2015, as we continue to pay interest on our national debt, will we still think the Cash 4 Clunkers program was worth it? I doubt it.

The U.S. government is literally risking the future of my children over these programs. These silly little, multi-billion dollar programs that have great media tag lines and very little (if any) economic effect mean more tax burdens for the future. The math doesn't work any other way.

We are spending government (taxpayer) money at a record pace. We are mortgaging our future.

I don't care how much we need change, if we can't pay for it, we don't deserve it.