Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Hard right conservatives, do you think it's really a good idea to cut 2.5 trillion out of the economy? Or do you think its not good enough, that we should cut even more, and that will help the economy?
Hard right? Are you serious?
How about anyone who can do the math, has to run a household on a fixed income or otherwise balances a checkbook every week. Stop the abuse, the cost overruns, the $800 light switches, and $400 paper clips. Stop the supply chain which allows just $17 to make it to those in need for every $100 paid into them.
Turn unemployment into a work program. If you don't work, you don't get a check. Let the minor drug crime prisoners out to make room for the doctors, patients and welfare fraudsters. It's time to raise the personal responsibility bar out of the gutter. 42 million people on food stamps is a rediculous fact. Proof that handouts are irresistible, even to those that don't need them.
I'll leave you to your obsession with the "hard right".
We don't need to cut spending, we need another stimulus, and an even bigger one this time. A new 'New Deal' that invests in updating our nation's transit infrastructure and park system, as well as other public works. We also need to end the wars in Iraq, Afghanistan and Libya, cut military spending and return to pre-Reagan tax levels to make up the deficit in the future. Right now, we can't afford to worry about the deficit, we need to prevent the economy from collapsing again and lay a solid foundation for future economic growth.
But remember what happened after the New Deal projects....WWII
Liberals think government spending helps the economy. Libertarians think it hurts the economy. So let's look at recent history: our government has been spending massive amounts of money for decades now, but the economy has been stagnant ever since the speculative bubbles burst. Obama spent trillions "stimulating" the economy, because if we didn't, he predicted over 8% unemployment. But the money was spent, and unemployment skyrocketed past 8% in early 2009, remained above 9% for 2009, 2010, and so far in 2011. The only response we get is "It would be worse if we hadn't spent all that money and racked up all that new debt." And "If we spend trillions more, maybe the economy will recover."
In other words, massive government spending didn't work, but maybe it will in the future if we double down on the debt. Hardly a reflection of understanding the forces at work, and having a plan with a good chance at succeeding.
It is obvious that our government has grown huge during times of prosperity (with more money to tax, government will grow in response), and expanded again during times of downturn (as more people need a safety net, government grows despite the lack of revenue). We are now at the point where the size of massive government is far beyond what the taxpayer can afford. Politicians make up the excess by borrowing, and when other nations and investors failed to absorb the massive debt issued, turned to printing dollars (by having our own Fed absorb the debt by printing money). So now we have both massive debt, interest payments, and devaluation of the currency that hits every American with a "stealth tax" on wages, savings and investments.
I think cutting the size of government is not only a good idea, but the ONLY idea that will not simply continue the decline of the economy. We tried the Big Government model, and it not only failed, but left us with an incredible debt that will eat up much of our economy, simply to pay for past mistakes. It only makes sense to try the opposite model: cut government massively, and allow a new economy to form without being crushed by the weight of past mistakes.
We have no choice; we try and save ourselves now, before everything is lost to dollar devaluation and economic collapse--or let it all fail, and start again with nothing.
Liberals think government spending helps the economy. Libertarians think it hurts the economy. So let's look at recent history: our government has been spending massive amounts of money for decades now, but the economy has been stagnant ever since the speculative bubbles burst. Obama spent trillions "stimulating" the economy, because if we didn't, he predicted over 8% unemployment. But the money was spent, and unemployment skyrocketed past 8% in early 2009, remained above 9% for 2009, 2010, and so far in 2011. The only response we get is "It would be worse if we hadn't spent all that money and racked up all that new debt." And "If we spend trillions more, maybe the economy will recover."
In other words, massive government spending didn't work, but maybe it will in the future if we double down on the debt. Hardly a reflection of understanding the forces at work, and having a plan with a good chance at succeeding.
It is obvious that our government has grown huge during times of prosperity (with more money to tax, government will grow in response), and expanded again during times of downturn (as more people need a safety net, government grows despite the lack of revenue). We are now at the point where the size of massive government is far beyond what the taxpayer can afford. Politicians make up the excess by borrowing, and when other nations and investors failed to absorb the massive debt issued, turned to printing dollars (by having our own Fed absorb the debt by printing money). So now we have both massive debt, interest payments, and devaluation of the currency that hits every American with a "stealth tax" on wages, savings and investments.
I think cutting the size of government is not only a good idea, but the ONLY idea that will not simply continue the decline of the economy. We tried the Big Government model, and it not only failed, but left us with an incredible debt that will eat up much of our economy, simply to pay for past mistakes. It only makes sense to try the opposite model: cut government massively, and allow a new economy to form without being crushed by the weight of past mistakes.
We have no choice; we try and save ourselves now, before everything is lost to dollar devaluation and economic collapse--or let it all fail, and start again with nothing.
We do not own the "Fed"- the "Fed" owns us. It is a private bank. It is neither federal, nor does it have any reserves. Money IS debt under this system. We must get rid of it or at least use it to rebuild or do something that actually benefits us.
This is a very key piece of the problem- perhaps THE key. People need to understand this leech of a system that Woodrow Wilson got us into. But that's probably another thread.
Hard right conservatives, do you think it's really a good idea to cut 2.5 trillion out of the economy? Or do you think its not good enough, that we should cut even more, and that will help the economy?
See today's stock market. The tea-baggers are nuts.
Ooh what hogwash. If you penalize businesses that send jobs overseas, they will simply outsource their whole company. You cant for a second stop me from hiring a programmer in Moldova because employee labor costs are a business expense regardless if its spent here, or elsewhere.
Congress can pass laws making it illegal for U.S. businesses to move out of the country, and I'd be all for that. Someone has to stop unethical businesses from strangling our economy and putting Americans out of work.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
