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Old 10-08-2015, 01:20 PM
 
188 posts, read 192,933 times
Reputation: 110

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If you were president or a law maker, how would you solve the 20 trillion USD debt?

Me:
Legalize prostitution to create legal jobs. And give men more jobs since a lot of women would quit theirs.

Legalize weed to free up police and create tax, and reduce organized crime.

Sell security to African countries with US military, or any country that needs defense from gangs or rebels or w/e.

Probably cut some funding to social security since that's the highest expense of the US gov.
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Old 10-08-2015, 01:22 PM
 
Location: SF Bay Area
12,287 posts, read 9,814,094 times
Reputation: 6509
The only way would be to inflate our way out of it.
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Old 10-08-2015, 01:23 PM
 
Location: 🇬🇧 In jolly old London! 🇬🇧
15,675 posts, read 11,513,728 times
Reputation: 12549
Quote:
Originally Posted by basketballdude39 View Post
If you were president or a law maker, how would you solve the 20 trillion USD debt?

Me:
Legalize prostitution to create legal jobs. And give men more jobs since a lot of women would quit theirs.

Legalize weed to free up police and create tax, and reduce organized crime.

Sell security to African countries with US military, or any country that needs defense from gangs or rebels or w/e.

Probably cut some funding to social security since that's the highest expense of the US gov.
" since a lot of women quit theirs " mate you have set yourself right up there for the onslaught
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Old 10-08-2015, 01:35 PM
 
18,800 posts, read 8,458,196 times
Reputation: 4130
Quote:
Originally Posted by basketballdude39 View Post
If you were president or a law maker, how would you solve the 20 trillion USD debt?

Me:
Legalize prostitution to create legal jobs. And give men more jobs since a lot of women would quit theirs.

Legalize weed to free up police and create tax, and reduce organized crime.

Sell security to African countries with US military, or any country that needs defense from gangs or rebels or w/e.

Probably cut some funding to social security since that's the highest expense of the US gov.
Have the Executive mandate the stamping of one (1) Trillion dollar platinum proof coin each year. The coins would be deposited each year into the Federal Reserve's Treasury account, and held there untouchable by anyone or any agency into perpetuity.
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Old 10-08-2015, 01:37 PM
 
Location: Sarasota, FL
2,682 posts, read 2,177,497 times
Reputation: 5170
Well, the largest expenditures in our budget are in the areas of Social Security, healthcare, and military spending. While I take a libertarian view on such topics as prostitution and legalization of marijuana, I don't think these are going to make much of a difference.

I'd start by scrutinizing health care costs. Health care providers are way out of control -- concerned with profits rather than patients. It might help to put a lid on military intervention in the affairs of foreign states. And, younger Americans may come to see some changes in their contributions to social security, or in their future benefits.
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Old 10-08-2015, 01:38 PM
 
Location: 🇬🇧 In jolly old London! 🇬🇧
15,675 posts, read 11,513,728 times
Reputation: 12549
Quote:
Originally Posted by CapnTrips View Post
Well, the largest expenditures in our budget are in the areas of Social Security, healthcare, and military spending. While I take a libertarian view on such topics as prostitution and legalization of marijuana, I don't think these are going to make much of a difference.

I'd start by scrutinizing health care costs. Health care providers are way out of control -- concerned with profits rather than patients. It might help to put a lid on military intervention in the affairs of foreign states. And, younger Americans may come to see some changes in their contributions to social security, or in their future benefits.
I thought you had to pay for ALL healthcare in the states? Not the government
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Old 10-08-2015, 01:39 PM
 
6,393 posts, read 4,110,405 times
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Every great empire in the history of human civilization eventually succumb to a lot of debts. And every one of them either fell spectacularly or had a regime change that would nullify all the debts.

Why would our civilization be any different?
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Old 10-08-2015, 01:49 PM
 
Location: Long Island
32,816 posts, read 19,465,069 times
Reputation: 9618
Quote:
Originally Posted by basketballdude39 View Post
If you were president or a law maker, how would you solve the 20 trillion USD debt?

Me:
Legalize prostitution to create legal jobs. And give men more jobs since a lot of women would quit theirs.

Legalize weed to free up police and create tax, and reduce organized crime.

Sell security to African countries with US military, or any country that needs defense from gangs or rebels or w/e.

Probably cut some funding to social security since that's the highest expense of the US gov.
some good ideas there

yes legalize prostitution......

yes re-legalize hemp and anyother of the drugs...if you want to buy it, if you 'need' to get high to handle life, why not be legal about it

but the answer is to NOT tax income, especially since a good majority of income is never reported (legal or not)....

tax spending

Pass the Fair Tax | FAIRtax.org
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Old 10-08-2015, 01:52 PM
 
Location: Sarasota, FL
2,682 posts, read 2,177,497 times
Reputation: 5170
Quote:
Originally Posted by Londoncowboy30 View Post
I thought you had to pay for ALL healthcare in the states? Not the government
The government pays for Medicare and Medicaid.
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Old 10-08-2015, 01:57 PM
 
Location: 🇬🇧 In jolly old London! 🇬🇧
15,675 posts, read 11,513,728 times
Reputation: 12549
Quote:
Originally Posted by CapnTrips View Post
The government pays for Medicare and Medicaid.
Is that free treatment basically?

I apologise but I'm not fully aware with how it works across the pond ..... Not yer anyways

One way the USA could cut down its debt is cut down on foreign aid. The same could be said of the U.K.
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