Huh?

Headline in the WSJ today:

White House Aims to Cut Deficit With TARP Cash

What am I missing? As I read this article (linked above), I have another question that comes immediately to mind: Are we borrowing money to pay down the deficit that the original borrowed money caused?

This would be like borrowing your friend $20. A week later, he comes back to you requesting a loan for $20 so that he can pay you back. This is ludicrous.

I have an alternative solution: STOP SPENDING! Work out inefficiencies, eliminate fraud and give tax-breaks to small businesses. Hire a bunch of engineers and operations managers to examine every governmental program enacted around the country, determine a better solution (not necessarily change the program just the way it is operationally run), and implement the changes.

This would eliminate 40% of the workforce, save the taxpayers trillions of dollars over the next 5 years and save programs like Social Security and Medicaid, despite what people might think about them. Top -down butt kicking. I'm fired up.

Grace & Peace

PLW