Rein in government spending

Reader said it is time to end excessive government spending

Re: Public spending. While the world economy has recovered somewhat, public spending has become a huge millstone that is on the verge of taking the financial markets into another power dive.

Public spending in many countries is still rampant and politicians are reluctant to cut back.

The nature of public spending varies between countries but there are also some common denominators:

People working in the private sector have lost incomes and homes, while government employees continue to receive lavish salaries and benefits. The private sector is the main driver of the economies and contributor of tax revenues to governments, while the public sector is the net consumer of those hard-earned tax dollars. Reading daily about how governments continue to shovel more money at government employees is disturbing.

When government workers consistently receive 30 per cent more in salary and benefits than the workers in the private sector for similar work done, it becomes obvious the system is broke.

Paying a fireman $75,000 a year, let alone $110,000, when trades-qualified workers are challenged to make $55,000 is a clear signal that the (pay) scales are out of balance.

To resolve this inequity will require another process to determine how much people working in the public sector are paid.

Today, government employees represent a big enough percentage of the eligible voters that they can decide elections. That, unfortunately, is also why politicians willingly continue to overpay those employees, hoping to buy their loyalty and their vote.

The current rate of spending is not sustainable, and we cannot allow our politicians to bankrupt our country.

Balanced budgets by law and referendums are logical first steps in the process of tempering public spending.

Many U.S. municipal and state governments are already doing that.

Andy Thomsen, Summerland

 

Just Posted

100 Homes Penticton gets a new name after year of success

The campaign, run by the United Way South Okanagan, housed an additional 130 people in 2019

Penticton council urged to consider finding student housing options

Students with the Okanagan College Penticton campus presented at the regular meeting on Oct. 15

Is your business ready for when disaster strikes? Find out at FutureBiz Penticton 2019

The event for entrepreneurs to learn and connect returns for its second year on Dec. 4

Shinedown pumped to return to Penticton

The metal band stops at the South Okanagan Events Centre on Oct. 15

Celtic Illusion coming to Penticton in 2020

The show features contemporary Irish dance paired with grand illusions and magic

Election 2019: Connie Denesiuk – Liberal Party candidate for South Okanagan – West Kootenay

Connie Denesiuk is running for the Liberal Party in the South Okanagan – West Kootenay riding

Potent power play paces Canucks to 5-1 win over Detroit

Miller nets a pair as Vancouver wins third straight

Okanagan ski hills highlighted on website’s ‘most affordable’ list

HomeToGo looks at rentals, lift passes, accommodations and food to compile list of Top 50

UPDATE: British couple vacationing in Vancouver detained in U.S. after crossing border

CBP claims individuals were denied travel authorization, crossing was deliberate

After losing two baby boys, B.C. parents hope to cut through the taboo of infant death

Oct. 15 is Pregnancy and Infant Loss Awareness Day in B.C.

Quantum 1 cannabis retailer scheduled to open in Similkameen Nov. 1

Owner Russ Rossi promises modern shopping experience

Cheating husband sues mistress for gifted ring after wife learns about affair

The husband gave his mistress $1,000 to buy herself a ring in December 2017

B.C. boosts legal aid funding in new payment contract

‘Duty counsel’ service restored in some communities, David Eby says

Okanagan man killed in head-on collision on Highway 1 near Salmon Arm

Police say 21-year-old died at scene after pickup truck collided with transport trailer

Most Read