The Federal Budget is a big deal and is important for the nation as a whole. The debate between the parties has led to some interesting discussions on what is the best way forward. In general, we know that we must pass a budget in a way that leads to a fiscally stronger nation. How that is going to happen is part of the discussion. The Hypothetical Feather Party comes out in support of a reasonable budget.
Consider the article below to understand the situation better.
Furthermore, If you read read this research on how cutting expenses versus raising taxes is more beneficial you will also notice it mentions raising revenue but not into specific detail (A problem not easy to define and unique to each nation.). IMF Climbing out of Debt '18
The point that is important here is that cutting through removing waste reduces the cost burden while seeking net positives through focused industry-government coordination can increase revenue by enhancing investment environments.
If done in the right way, the Hypothetical Feather Party feels it could be an economic policy that encourages innovation and broader industry adaptations that improve U.S. mid and long term fundamental competitiveness.
A couple of bullet points to think about:
1.) Cut wasted expenditures that don't have ROI/return/impact as measured by their purposes (Possible approach to consider is to fund for 90 days resizing programs at current levels and wind back by percentage to the appropriate level over time increments to allow for healthy program adjustments. i.e. only those areas that need adjustment. There may be some where one might wind up if they are functioning well. Put the money where it creates benefits.).
2.) Realign programs to maximize effectiveness and consider removing/revamping programs not effective (A few focuses: 1.) Program effectiveness to mission/purpose, 2.) Improve net positives to economy GDP, 3.) Enhancing citizen quality of life/opportunities)
3.) Create net positives to attract investment and industry adaptations that help multiple societal sectors (i.e. invest in innovation and their platforms)
Hypothetical Feather Party Statement: If the two leading parties get close to a balanced budget we will support. Our ideology is the health of the nation and we owe no loyalty to anything but that; not even to our own party. (The Hypothetical Feather Party HFP supports decisions that help the next generation in over the horizon strategies. A Strategic management Process '23)
The Hypothetical Feather Party is used for illustrative purposes on how a larger independent voter block wrapped into a loose affiliation can lead to political lubricant that improves national decision making and performance outcomes. If you want to read about the example you can at 'Hypothetical Feather Party (HFP)'. (HFP doesn't exist so please don't argue with it! 😆)
(Stay tuned because we might discuss our leading primary candidates Mr. Snuffleupagus vs Oscar the Grouch! Its getting heated in the primary, as they just sat for lunch discussed their shared commitment to the betterment of their nation and how no matter who wins they will do the best they can to be helpful.
Constructive dialogue and active listening skills were used to understand what each side wanted and they could agree "in theory" that a pathway to fulfill both is likely. Candidates felt energized by the new perspective they learned from each other as a pathway to improving society.
Oscar was a little grouchy because he felt he should have thought of some of the ideas Mr. Snuffleupagus thought of but he felt he could improve if he was more reflective. He want's to be better at doing the best for everyone.
Best yet, the both agreed to not push the lunch bill on each other and decided to split the responsibility. They initially jumped to solve the problem but then realized compromise was better so both parties got something. A radical notion? 😲)
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