All the times we've advanced as a nation began with much turmoil or strife....

Discussion in 'Politics' started by Grampa Murked U, Nov 10, 2012.

  1. Grampa Murked U
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    Grampa Murked U Diamond Member

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    I feel that this could be the beginning of one of those great turning points that most American's have only read about.

    The only question yet to be answered is what direction our country will choose as its path. Will we give in to the temptation of the illusional easy path or will we make the tough choices that require dicipline and sacrifice?

    Based on the last election I have my doubts. But based on my reaction to it I have hope.
     
  2. SniperFire
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    SniperFire Senior Member

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    Could be war.
     
  3. SniperFire
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    SniperFire Senior Member

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    ... and the first causality of war is..... Obama Phones!
     
  4. Grampa Murked U
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    Grampa Murked U Diamond Member

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    Well I wasn't really referring to that kind of turmoil. But something has to give. A few new taxes or magical cuts that never happen aren't going to fix our problems.

    I just am not sure if this congress has the balls to truely attack the problems we face.
     
  5. OKTexas
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    OKTexas New Life Member of the NRA 12/15 Supporting Member

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    A small majority has bought into the illusion, things won't change until a few more realize it ain''t gonna work. When UE hits around 11% about this time next year, some folks are going to say wait, it's not suposed to be like this. But it will take the majority of the Maobama-bot-zombies a year or two longer.
     
  6. toomuchtime_
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    toomuchtime_ Gold Member

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    Which problems and what do you think they would have to do to truly tackle them?
     
  7. Grampa Murked U
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    Grampa Murked U Diamond Member

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    Fiscal issues.

    REAL cuts and across the board tax increases.


    Problem is we will get phantom cuts and tax increases that don't get applied to the debt but rather just used for other spending. Our represenatives simply can't be trusted either with our money or our problems.
     
  8. toomuchtime_
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    toomuchtime_ Gold Member

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    Both spending cuts and tax increases will slow economic growth and create more unemployment so trying to fix our deficit problem with these measures will create other more immediately painful problems. The root cause of our out of control deficits is our slow/no growth economy, so imo the best way to deal with our deficit problem is to hold spending level in inflation adjusted dollars and take measure such as Romney recommended to get the private sector economy growing faster.

    However, the Obama administration would be adamantly opposed to these measures, such as lowering taxes to increase investment and consumption, limiting tax deductions so that people seek the greatest economic value when they spend or invest their money not the greatest tax advantage, a tax holiday for corporations that invest overseas profits back here in the US, encouraging more energy exploration and development and reviewing regulations with the aim of providing a more business friendly environment. This being the case, the Congress has really no good choices. If it uses new taxes and spending cuts to significantly reduce the deficits, it will slow our sluggish economy even more, perhaps into another recession. It might actually be preferable to kick the problem down the road to the administration and Congress that takes office in 2016.
     
  9. Grampa Murked U
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    Grampa Murked U Diamond Member

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    Well I am referring to long term fiscal solutions. I suppose in the end it really doesn't matter as I haven't seen ANY signs that the people responsible are going to take any steps in the right direction.

    Also I believe that the amount of debt we are rappidly building is going to allow us to cut taxes to spur growth much longer. There is a tipping point at which that option becomes obsolete
     
  10. toomuchtime_
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    toomuchtime_ Gold Member

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    The only long term solution to our debt/deficit problems is a robustly growing private sector economy. Everything else can at best only turn the fiscal cliff in a slope.
     

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