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I've read through most of the posts on here, and I have to say...doesn't anyone think that the solution to the deficit and the recession is obvious?
1. Raise taxes. Ugly as it sounds, it needs to happen, period - with the condition that all taxes go towards paying off the deficit. The only question is, who are we going to tax and at what new rate?
2. Cut spending (once the economy recovers), especially military spending.
3. Invest in education, technology (especially green tech), and social services.
And we are technically out of the recession. The market is slowly recovering, and eventually, jobs will start to appear in the private sector. It'll just take a little while longer, mainly because of offshoring of jobs.
I've read through most of the posts on here, and I have to say...doesn't anyone think that the solution to the deficit and the recession is obvious?
1. Raise taxes. Ugly as it sounds, it needs to happen, period - with the condition that all taxes go towards paying off the deficit. The only question is, who are we going to tax and at what new rate?
2. Cut spending (once the economy recovers), especially military spending.
3. Invest in education, technology (especially green tech), and social services.
And we are technically out of the recession. The market is slowly recovering, and eventually, jobs will start to appear in the private sector. It'll just take a little while longer, mainly because of offshoring of jobs.
The tax cuts were a cynical means of buying the votes of the Republicans' voter base. Obama should just keep all the tax cuts in place. This country is going to hell anyway.
I've read through most of the posts on here, and I have to say...doesn't anyone think that the solution to the deficit and the recession is obvious?
1. Raise taxes. Ugly as it sounds, it needs to happen, period - with the condition that all taxes go towards paying off the deficit. The only question is, who are we going to tax and at what new rate?
2. Cut spending (once the economy recovers), especially military spending.
3. Invest in education, technology (especially green tech), and social services.
And we are technically out of the recession. The market is slowly recovering, and eventually, jobs will start to appear in the private sector. It'll just take a little while longer, mainly because of offshoring of jobs.
ok, here is my problem with your proposal.
1. raising taxes to pay off the deficit. Where do I start? 1st of all, the government would never, and has never spent our taxpayer wisely or faithfully. What makes you think that they will now? There is no way that even 50% of the increased revenue would go to the deficit. They might make it look like that, but it's called fuzzy math. Remember, 42.7% of all statistics are just made up So, what we would be left with is an even deeper economic problem, and forcing more Americans to do more with less money, which would lead to more unemployment, which means more people qualifying for unemployment benefits, which means MORE taxpayer money will need to go to those benefits, OR we will endure more debt. Its a vicious circle my friend.
2. cut spending, yes especially the military??? really? in the middle of a war? how old are you? do you know that terrorists want to kill us? do you remember 9-11-2001? Now, I do think that we could cut certain parts of the DOD budget. But, to say cut the military is either ignorant, or extremely vague.
3. We could invest in education, but again... the Gov't wastes money. Green technology??? seems like you are reaching here. I think there are enough rich greenie weenies who are already investing in this field. I think we should let them continue to spend their own money on these things.
Social services: we already invest quite a bit.. and, many private companies already do this sort of thing. Gov't does not need to overreach in a time of economic recovery.
ok, here is my problem with your proposal.
1. raising taxes to pay off the deficit. Where do I start? 1st of all, the government would never, and has never spent our taxpayer wisely or faithfully. What makes you think that they will now? There is no way that even 50% of the increased revenue would go to the deficit. They might make it look like that, but it's called fuzzy math. Remember, 42.7% of all statistics are just made up So, what we would be left with is an even deeper economic problem, and forcing more Americans to do more with less money, which would lead to more unemployment, which means more people qualifying for unemployment benefits, which means MORE taxpayer money will need to go to those benefits, OR we will endure more debt. Its a vicious circle my friend.
2. cut spending, yes especially the military??? really? in the middle of a war? how old are you? do you know that terrorists want to kill us? do you remember 9-11-2001? Now, I do think that we could cut certain parts of the DOD budget. But, to say cut the military is either ignorant, or extremely vague.
3. We could invest in education, but again... the Gov't wastes money. Green technology??? seems like you are reaching here. I think there are enough rich greenie weenies who are already investing in this field. I think we should let them continue to spend their own money on these things.
Social services: we already invest quite a bit.. and, many private companies already do this sort of thing. Gov't does not need to overreach in a time of economic recovery.
The waste and bloat in the DoD etc. is unbelievable. We don't need warships and F-35s to fight a bunch of terrorists with AK-47s and IEDs.
I've read through most of the posts on here, and I have to say...doesn't anyone think that the solution to the deficit and the recession is obvious?
1. Raise taxes. Ugly as it sounds, it needs to happen, period - with the condition that all taxes go towards paying off the deficit. The only question is, who are we going to tax and at what new rate?
2. Cut spending (once the economy recovers), especially military spending.
3. Invest in education, technology (especially green tech), and social services.
And we are technically out of the recession. The market is slowly recovering, and eventually, jobs will start to appear in the private sector. It'll just take a little while longer, mainly because of offshoring of jobs.
1. Raise taxes in a recession? (I know Obama says the recession is over, but that was a silly political move). Cut corporate and personal income taxes. If you want to tax, use a VAT tax. Howver, even if taxes are increased, the government will just blow the incresed revenue and will never use it to pay down the debt- NEVER.
2. Cut Spending- Yes- dramatically.
3. Invest in education. No- the public school system is a huge waste of money that creates an inferior product for 3X the cost of a parochial school. Why? - Teacher's Union. Feeding "education" is just feeding the teacher's union and does nothing for education.
I've read through most of the posts on here, and I have to say...doesn't anyone think that the solution to the deficit and the recession is obvious?
1. Raise taxes. Ugly as it sounds, it needs to happen, period - with the condition that all taxes go towards paying off the deficit. The only question is, who are we going to tax and at what new rate?
2. Cut spending (once the economy recovers), especially military spending.
3. Invest in education, technology (especially green tech), and social services.
And we are technically out of the recession. The market is slowly recovering, and eventually, jobs will start to appear in the private sector. It'll just take a little while longer, mainly because of offshoring of jobs.
The waste and bloat in the DoD etc. is unbelievable. We don't need warships and F-35s to fight a bunch of terrorists with AK-47s and IEDs.
true, the waste in DOD is ridiculous. But, this is the same gov't that controls everything, including our money. How can you propose raising taxes, of which ALL of it will go to the deficit when our gov't wastes money? It is impossible.
As for the military... yes, we need a budget overhaul. But, we can't keep our military engaged in old wars at the expense of future threats. The military has to invest in new weapons so that we remain the best military in the world. When it comes to national defense, 2nd best won't do.
I've read through most of the posts on here, and I have to say...doesn't anyone think that the solution to the deficit and the recession is obvious?
1. Raise taxes. Ugly as it sounds, it needs to happen, period - with the condition that all taxes go towards paying off the deficit.
Although I like most of your post, I hope you mean "additional taxes" since taxes pay for a lot of programs.
Most of our federal income tax goes to the military/defense. Another big chunk goes to Soc Sec and Medicare. Then there are the other safety net programs like earned income, low income housing, aid for abused children, food stamps, etc. Each of these account for about 20% of the budget, totaling around 60%. Then approx 14% goes to benefits for retired government workers and veterans. The rest, less than 3% each, is spent on projects like repairing infrastructure, medical research and education...and of course a category labeled "other."
What I disagree with is increasing taxes on people who are struggling to make ends meet. Yes, getting rid of all tax cuts would reduce the deficit quite a bit, but the "middle class" doesn't need to be hit now with an extra burden. I don't know why so many people are against taxing the very wealthy. I put the words "middle class" in quotes because I never thought of someone making $200,000 a year as middle class, but I live in Florida where so many jobs pay minimum wage.
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So, what we would be left with is an even deeper economic problem, and forcing more Americans to do more with less money, which would lead to more unemployment, which means more people qualifying for unemployment benefits, which means MORE taxpayer money will need to go to those benefits, OR we will endure more debt. Its a vicious circle my friend. 
especially the military??? really? in the middle of a war? how old are you? do you know that terrorists want to kill us? do you remember 9-11-2001? Now, I do think that we could cut certain parts of the DOD budget. But, to say cut the military is either ignorant, or extremely vague.
did you read his post?
