It is October 2013 and the federal government of the USA has been “shut down” due to arguments over budgets and funding Obamacare. Well, the Fed really is not shut down. The only things “closed” by the Obama administration are things that would make others lives inconvenient or painful; everyone who is not an Obama-friend that is.
The White House staff were still working. I understand a golf coursed favored by BHO was open. The Washington Mall was open for a pro-immigration rally, attended by quite a number of criminal foreign nationals – aka. illegal aliens. Congressional services and staff were still on the job, too. In fact about 85% of the Fed was still spending money. So what was closed?
What were closed were revenue generating, job supporting national parks and businesses. There were even evictions from private homes according to articles I read; just because the private home was on leased federal land. There was even an attempt to close forests and an ocean.
I am concerned with our academians and theorists in office. Apparently they are smart enough to teach or be employed by nonprofit organizations but lack the intelligence to run a business. So I am going to help them out a bit from my experience in actually running a business.
First step when you do not know what has been spent on what: find your general ledger and profit & loss statements. If you cannot read it find a real accountant.
Second step when you do not know what has been spent on what: breakdown your spending by month and category. Note, real accountants can help set up codes for categories and even go into subcategories, too.
Third step when you do not know what has been spent on what: do step two over several years and compare month over month, quarter over quarter, and year over year.
Fourth step when you do not know what has been spent on what: track, trend, compare, and get a mean for each category / subcategory for each month. Use several years to make the comparison; minimum of three, five to ten better. Then determine % of total expense for each category for each month, quarter, and year.
Fifth step when you do not know what has been spent on what: find out what the income was by month, by quarter, and by year for the last three to ten years. Determine the mean for that.
Sixth step when you do not know what has been spent on what: apply the % for each category / subcategory to the income by month, quarter, and year.
That is how much you have to spend by month, quarter, and year for each category / subcategory. If revenue does not meet target, % reduces each category by the same ratio of revenue decrease. If revenue exceeds target, that is called profit. Do not spend it. Save it for later. Keep spending less than original targets.
Step seven when you do not know what has been spent on what: argue over every penny that is less than income, because that is all you have to spend.
The above lesson in simple accounting is so simple I even learned how to do it.
So why can’t POTUS, Congress, most state governments, and most cities / towns learn this?
Because they see it as your money, not theirs, so they can spent it however they want because you do not hold them accountable for how they have represented you and they have been allowed to get away with murder, embezzlement, and mismanagement.
We the People, it is your fault. Government in the USA is just as bad and twisted as you, We the People, tolerate it.
Stop tolerating misrepresentation and bad government. Vote them out in 2014 and the rest in 2016. Keep doing that until you get a set of representatives more interested in sound government than their lifetime in government.
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