Think America Think

Lately, across social media, I have been seeing a lot of protesting (even whining) of Elon Musk, the changes being proposed, and the several of the budget changes that are being proposed. Maybe these protesters should consider some salient facts when protesting the realignment of government spending.
First, the National debt as of 2023 stands at over $34 TRILLION. That is approximately $100,000 per man, woman, and in the US. To service the National debt, the Government paid out $345 Billion in 2020, $659 Billion in 2023, and a staggering $870 BILLION in 2024.
You say, so what, it is just paper money that we own ourselves, but not really. It is real money that the Government pays out to the owners of the debt. The $870 BILLION paid out in 2024 was more than was paid out for the National Defense, Medicare, and Medicaid. Servicing the National Debt is the second largest budget item behind Social Security. It is estimated to be the largest budget item by 2051. Consider the programs that could be supported by reducing the national debt/yearly budget deficit! (Source: House Budget Committee)

If you think guns are the problem, YOU are the problemGun registration and enhanced background checks are good steps, but they will NOT address gun violence. Until we focus on the person/people perpetuating the violence not much will change. Political correctness aside, until we address the issues causing people to turn to violence, nothing much will change.
Is America going in a "better" directionCheck out Ben Stein article from 2015, in the menu tab
Manmade global warming - really?According to weather records, December 2021 was the warmest December (69.0) in Corpus Christi Texas since 1889 (68.4). Global warming advocates say manmade global warming is really happening. My question is, what was man (or woman) doing in 1889 to cause the warmest weather?
Should the US Supreme Court ever overrule itself?Absolutely YES!!! It ruled 4 times IN FAVOR of slavery. Good thing we did not follow the Supreme Court.
Everyone interested in renewable energy, pro or con, should watch this 5 minute videoClick on the menu tab above to watch this thought-provoking video

Purpose of Think America Think

In a democratic society it is the responsibility of the voter to be knowledgeable of the issues of the day and to the information relevant to those issues. Unfortunately, today in the United States today, a significant percentage of the voters might be aware of the issues but are lacking in the relevant information. Also, unfortunately, a significant portion of the voters look to the national media to provide them with the relevant information. However, in my opinion, the national media, through either stupidity, ignorance, and/or deceit have failed miserably to provide objective, balanced information relative to the issues of the day.

It is the intent of Think America, Think to present information relative to the issues of the day and pose pertinent questions that will cause voters to think about the issues.outlook india

For Example

The common belief, fostered by the national media, it that cutting taxes decreases revenue to the US Treasury and produces deficits when actually the opposite is true.  Historically, cutting taxes has increased revenue to the US Treasury. What then, you ask, created the deficits of the late eighties and even today.  The answer is spending.  Think of your personal budget. If you increase your income but at the same time increase you spending, what happens?  You break even or even go into the red if you increase spending more that the increase in income.

Here is some data to consider:

From 1920 to 2010 there have been 4 major tax cut.

  • In 1920 Coolidge cut the marginal tax rates from 73% to 24%. From 1920 to 1929 the Revenues to the US Treasury increased 61%, from $719 million to $1.1 billion.
  • President Kennedy cut the marginal tax rate from 91% to 70% and from 1961 to 1965 tax revenue to the US Treasury rose 62%
  • President Reagan cut the marginal tax rate from 70% to 28% and the tax revenue to the US Treasury more than doubled increasing from $500 billion in 1980 to $1.1 trillion in 1990
  • President Bush cut taxes in 2001 and 2003 and the tax revenue went up either 44% ($1.782 trillion in 2003 to $2.568 trillion in 2007) or 47% ($793.7 billion in 2003 to $1.16 trillion in 2007) depending on whose numbers you believe

The point is tax revenues increased as a result of tax cuts.  The subsequent deficits were due to increased spending and not the tax cuts

This site is new and being continually updated. Contact teds@new.thinkamericathink.com with comments and/or suggestions.