The rubber will never meet the road when it comes to curbing spending with these politicians.
ALL of them need to account. Nice that they are so free with money that doesn't belong to them in the first place.
REPEAL the 16th...is the only way OUT.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
The rubber will never meet the road when it comes to curbing spending with these politicians.
Long term spending and taxing rate, I suggest 19% of GDP spending 20% of GDP taxing. This will give us a 1% Surplus per year to pay down the debt.
The question isn't is this what you want, the question is would you find this acceptable.
The question is would that goal be acceptable to you. If both sides came together and agreed that ever year they would shrink spending compared to GDP until it reached 19% would you find that acceptable.
As far as the refund thing. Sure I don't have a problem with that, although if evenly divided between all sources (personal and business) I doubt it would ever be noticeable.
No, the question is how we achieve that goal. Good intentions are squat, I want details.
By the way, you do not want to set taxes at 20% of GDP, you want to set revenue at that level.
The question is not how to achieve it.
What I am really trying to find is a common ground on the numbers, not how to implement it. One step at a time.
What I am really trying to find is a common ground on the numbers, not how to implement it. One step at a time.
Long term spending and taxing rate, I suggest 19% of GDP spending 20% of GDP taxing. This will give us a 1% Surplus per year to pay down the debt.
The question isn't is this what you want, the question is would you find this acceptable.
The most reasonable budgetary plan I've yet seen is the Mack Penny plan. Balances the budget in six years and caps spending at 18%, after which we can begin to tackle the tremendous debt we've accumulated.
Rep. Mack: 'Penny Plan' Could Save Trillions - Politics - CBN News - Christian News 24-7 - CBN.com
What I am really trying to find is a common ground on the numbers, not how to implement it. One step at a time.
Long term spending and taxing rate, I suggest 19% of GDP spending 20% of GDP taxing. This will give us a 1% Surplus per year to pay down the debt.
The question isn't is this what you want, the question is would you find this acceptable.
Yes I do realize that not all of us are sane; I do realize that some of us are so stupid that they think making recessions deeper and longer are good thingsNot all of us believe the government needs to respond to every single fucking recession.
Some of us are forward thinking enough to accept temporary pain rather than kick the fucking can farther down the road. Some of us are smart enough to know you can't borrow your way out of debt.
- Of course, shedding the debt burden would be a happy development for our country, but it would nevertheless pose a big dilemma for the Fed. Our primary lever of monetary policy was buying and selling treasury securities-Uncle Sam's IOU's. But as the debt was paid down, those securities would grow scarce, leaving the Fed in need of a new set of assets to effect monetary policy.
- Chapter Ten, "Downturn", p. 214
- I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.
- Chapter Ten, "Downturn", p. 218