An Attempt at a Consolidation Thread

Discussion in 'Economy' started by william the wie, Dec 4, 2010.

  1. william the wie
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    william the wie Gold Member

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    I don't know about anyone else but I am getting punch drunk.

    Two Laffer curve threads that try to include or exclude other taxes.

    The attacks for and against CA when the two poster children for irresponsible state government are IL and MI?

    Multiple threads about irresponsible and nearly psychotic money creation by the Fed?

    So here is what I want to know:

    Federal Revenues should be what % of GDP? My answer 18%.

    What should be done when IL goes into default? My answer is that that is an IL problem.

    What tax and regulatory regimen is needed to get out of this economic mess? My answer is an 18% VAT tax on everything but food and 18% on per capita household income with no other involuntary taxes. Then add every voluntary tax congress can dream up.

    What should be done with the Fed? get rid of it.

    What are your answers?
     
  2. loosecannon
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    loosecannon Senior Member

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    You forgot to mention getting rid of the Fed!

    Pass the punch!
     
  3. william the wie
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    william the wie Gold Member

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    Second to the last sentence.
     
  4. loosecannon
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    loosecannon Senior Member

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    I was rubbing the point in, Willie......

    Emphasizing it.
     
  5. william the wie
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    william the wie Gold Member

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    My bad. but I disagree with the use of tactical nukes in disposing of it due to the possibility of collateral damage.
     

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