$ 22 trillion in debt - what now liberals? (Corporate Profits, Mexicans, legal)

[burdell]

Originally Posted by hawkeye2009

Of course- this is what I expected. No solutions- just snide comments. Amazing, isn't it?

This is the problem- there are no solutions, therefore insolvency and the break up the Union is inevitable. Liberals are celebrating Obama's re-election and essentially dancing on the grave of the former US.

Any RATIONAL or ADULT comments or solutions?

Certainly NONE being offered by you, unless in your little world rational and adult comments/solutions are whiny little tirades singing the blues because you didn't get your way.

[hawkeye2009]

Originally Posted by Finn_Jarber

Your OP contains no solutions, only "what now libs" finger pointing. What do you expect?

Here you go


1. VAT tax 15%

2. balanced budget amendment

3. 10% of annual revenues dedicated to pay down the debt

4. corporate consumption tax

There you have it- problem solved and the US can continue.

[stargazzer]

exactly correct on every point HE

also and including..even with whats transpired in the last what 10 days every indication strongly suggests its prob too late, the US disposition is a known shaky, unstable bad idea for many qualifying reasons, for global portfolio interest. The little rise for Christmas will be ignored...these three weeks and the election results are virtually shutting down the dollar. ...If the lefties cannot wake up very quickly and will need some luck, by spring we will see a very sharp difference in spending power.

[hawkeye2009]

Originally Posted by burdell

Certainly NONE being offered by you, unless in your little world rational and adult comments/solutions are whiny little tirades singing the blues because you didn't get your way.

I just gave you "solutions".

My solutions would "fix" the problem and allow the US to continue. Obama and his liberal solutions ensure the destruction of the US.

Your "solution" is to keep spending as usual until anarchy erupts. What a plan.



1. 15% VAT tax

2. balanced budget amendment

3. 10% of revenues dedicated to reduce debt

4. corporate consumption tax

[btsilver]

Originally Posted by hawkeye2009

The recent election was about a CHANCE to restore fiscal solvency to the US and avoid the consequences of massive debt. It was no guarantee that Romney and Ryan would do so, but at least it was a chance. The US has no chance now.

So............................. with $22 trillion in debt when Obama leaves office, what can the US do to avoid hyperinflation and marked currency devaluation? Such consequences will lead to social instability and insures the break up of the nation.


1. Raising taxes won't do it- If we ENSLAVE EVERYONE who makes over $250K per year, we generate only $900 billion per year and still have an annual deficit

2. Confiscating property- if that happens, it will result in immediate insurrection. However, there is not enough net wealth in the US to finance all the unfunded liabilities, which approach $100 trillion.

3. VAT tax 15%- that would raise $1.3 trillion per year. However, the government does not have the will to do so and would simply spend that "extra money".

4. Print $30 trillion- The US is the only nation that could do so. This, of course, would "pay off" our debt, but would result in a collapse of the global bond market and insure a world wide financial collapse.

5. Have all nations forgive all of their current debt- good luck on that one.


We are on the path to the break up of the US, all due to fiscal insanity. Libs who respond to this thread will offer no SOLUTIONS, as there are none (with Obama in the White House for four more years). They will blame Bush.

1.) Someone who balls up their flag and throws it in the trash over an election really doesn't deserve a reasonable answer.

2.) But I am a nice person.

3.) All the Republican presidents in my life time have driven up debt and deficits after they talked about being fiscally conservative. It is hilarious at this point that anyone would actually believe they would do otherwise if they won the white house. Especially someone from the Reagan and Bush Era. Of course democrats aren't much better.

4.) Which leads me to this point: Both parties now have to put up or shut up. The only way through this mess actual positive compromise. There are going to have to be tax raises somewhere and there are going to have to be spending cuts somewhere.

5.) Where did you get the 22 Trillion projection numbers from? IF you could send me a link I could better answer your question. Also is this based what would happen if the government does absolutely nothing different than what it is doing now and is it assuming the economy will not pick up and remain where it is?

[hawkeye2009]

Originally Posted by btsilver

1.) Someone who balls up their flag and throws it in the trash over an election really doesn't deserve a reasonable answer.

2.) But I am a nice person.

3.) All the Republican presidents in my life time have driven up debt and deficits after they talked about being fiscally conservative. It is hilarious at this point that anyone would actually believe they would do otherwise if they won the white house. Especially someone from the Reagan and Bush Era. Of course democrats aren't much better.

4.) Which leads me to this point: Both parties now have to put up or shut up. The only way through this mess actual positive compromise. There are going to have to be tax raises somewhere and there are going to have to be spending cuts somewhere.

5.) Where did you get the 22 Trillion projection numbers from? IF you could send me a link I could better answer your question. Also is this based what would happen if the government does absolutely nothing different than what it is doing now and is it assuming the economy will not pick up and remain where it is?

I threw away the American flag as the nation is finished. I fly the old US flag upside down on my farm. We have been here since 1630- the efforts of my ancestors have been wasted by a bunch of greedy, lazy "citizens".

Read it and weep

U.S. National Debt Clock 2016 at Current Rates

That is what you voted for- your own economic destruction.

SOLUTIONS? ANYONE?

[burdell]

Originally Posted by hawkeye2009

I just gave you "solutions".

My solutions would "fix" the problem and allow the US to continue. Obama and his liberal solutions ensure the destruction of the US.

Your "solution" is to keep spending as usual until anarchy erupts. What a plan.



1. 15% VAT tax

2. balanced budget amendment

3. 10% of revenues dedicated to reduce debt

4. corporate consumption tax

In the OP you state raising taxes won't do it yet you propose a 15% VAT.

Just how is creating a VAT functionally different than raising taxes?

[carterstamp]

What now? Raise taxes, cut spending.

Easy Peasy.

[malamute]

Originally Posted by hawkeye2009

Of course- this is what I expected. No solutions- just snide comments. Amazing, isn't it?

This is the problem- there are no solutions, therefore insolvency and the break up the Union is inevitable. Liberals are celebrating Obama's re-election and essentially dancing on the grave of the former US.

Any RATIONAL or ADULT comments or solutions?

The Soviet Union broke up for less of a reason.

This government is getting to be far too much a burden and like you said, taxpayers are being enslaved. There is no longer any unity or common ideology or common goals to keep us united.

[malamute]

Originally Posted by carterstamp

What now? Raise taxes, cut spending.

Easy Peasy.

Name one spending cut other than on the military families that Obama is proposing.