The Nacilbupera Guzzle

Whoever examines with attention the history of the dearths and famines … will find, I believe, that a dearth never has arisen from any combination among the inland dealers in corn, nor from any other cause but a real scarcity, occasioned sometimes perhaps, and in some particular places, by the waste of war, but in by far the greatest number of cases by the fault of the seasons; and that a famine has never arisen from any other cause but the violence of government attempting, by improper means, to remedy the inconveniences of a dearth. (Adam Smith, The Wealth of Nations IV.5.44)

Saturday, May 28, 2011

Gov. Johnson's Plan to Balance the Budget Tomorrow

To his credit, one of the few fair Fox News interviews with GOP Presidential Candidate Gov. Gary Johnson on was broadcast last night on the Sean Hannity Show:

Gov. Johnson hit a nerve with me by focusing on the most important issue facing our nation:  the boldest plan I have heard from any Presidential candidate to balance the budget:
I'm under the belief that we're on the verge of a financial collapse...that's in lieu of the fact that we have $14 Trillion dollars in debt and we have no ability to repay $14 Trillion dollars in debt if we're racking up $1.6 Trillion dollars in deficit spending this year, the year prior, two years prior, and the years looking ahead.  Look, we're not going to pay back $14 Trillion dollars in debt.  So what we have to do is embark on balancing the federal budget tomorrow.
Gov. Johnson next puts forth his common-sense plan on how to balance the budget including entitlement reductions.  The plan was credible given Gov. Johnson's recap earlier in the interview of his competent financial stewardship in balancing the budget in the 2-1 registered Democrat state of New Mexico.

The latter part of the interview focuses on the drug issue Hannity and some other Republicans might take issue with.  Legalizing drugs is such a small ripple compared of the tsunami of debt threatening to destroy the entire nation, I don't worry about Gov. Johnson's views.  Besides, if some Mormon members close to me can overlook Obama's views on abortion despite their belief system that abortion is wrong--because they mistakenly believed that then Sen. Obama (with no fiscal track record) would keep our nation's fiscal house in order--then I certainly could support someone with a controversial issue that has little to do with balancing the budget.  Simply put, there is no candidate I completely agree with on every issue.

And yet as an ardent defender of the 10th Amendment, I find it impossible to justify the federal government's unwarranted regulation of drugs at a national level and feel legalization is an issue left to the states.

My prima donna issue for 2012 is to find the candidate most likely not only to balancing the budget, but in paying down the debt and if you agree, then I would assert you need to consider adding, as I have, Gov. Johnson to your list of preferred Presidential candidates.


Christopher - Conservative Perspective said...

Ideas, plans and platitudes are all fine and dandy but this guy simply cannot beat Obama, period.

Johnson was never on my list and even had to Google his name to find out just who he was until the Fox farce debate where he appeared to be a fish out of water.

Left Coast Rebel said...

Good post. I wrote about Johnson's tea party cred too at American Thinker, specifically in the sense that his vision is lost due to the marijuana controversy.

Nacilbupera said...


I think Gov. Johnnson's biggest challenge lies in the GOP primary. He would do well with frustrated Democrats and Independents. With unemployment at 9%, $14T+ debt, and $4 gas prices any GOP contender has a good chance against Obama.


Wonderful article on Johnson's resume, I'm glad you posted the link.

My favorite passage, quite similar to what I wrote:

"Tea Party activists are clamoring for a presidential candidate who can right this nation's financial ship and who comes to the national table with a consistent track record of doing so. At this perilous moment in our nation's history -- as we teeter on the brink of economic collapse -- most Americans likely agree that disciplined fiscal governance is the highest priority for our country. Marijuana legalization -- and the ensuing controversy surrounding it -- is at the bottom of the totem pole of priorities."