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While I can agree with you Ray that 'we the people' have gotten used to voting ourselves largesse from the treasury, our politicians who make the laws have to be accountable...That is why the Penny Plan makes so much sense...Only in DC is not approving an increase in spending marketed to the people as a cut. What I am saying is that if every budget stays the same except for .01 cent per dollar is cut, the programs will continue on while we balance our budget, and at some point start paying down debt...I see that as a win, win....
It still would require major spending cuts. To put it better, let me reiterate something economist Walter E Williams came up with:
"I am running for an office in Congress. My platform is, I will not bring any money back to my state. I will vote against all spending bills. Would you vote for me?"
We are going to get there sooner or later are we not? Now I love Mr. Williams...he is spot on with everything he says...But we have to change attitudes, and we don't do that by saying 'it's not possible', and giving up.
Agreed. That's why I wrote the solution in my response to Gator. A consumption tax to eliminate the deficit and reduce the debt would make everybody aware. Currently, only a small part of our country is aware of the problem, and a smaller amount even care. Hell, I'm almost 60 now. I'll likely be long off this earth when our country collapses. Why should I care? But if I had to pay for this debt every time I make a purchase, and pay even more for new social spending, you bet I'd care. You bet I would be going to the polls to make sure new spending politicians don't get into power.
So why do we need yet another new tax to do that?
Because that new tax would bring everybody into the ball game. People have no realization or understanding of deficits, debt and eventual collapse. They have no idea where the money comes from which they spend. You know, Obama money?
If we all felt the pain of spending, then the public would turn against those politicians wanting more social programs. They would support various cuts to the budget and take paying of the debt more seriously.
All due respect Ray...NO! No more taxation...I already give way too much to those corrupt assholes...They need to learn to live within thier means, or we need to get the rallies out there to inform people. Vote them out if they don't do what WE want....Period.