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By 2020 the national debt will be 20 trillion vs. 14 T now. With economic and employment growth effectively 0 as far as the eye can see we are in trouble. Assuming the usual downward revisions in GDP numbers and further problems in the EU and the Far East the choice is drastic cuts or further downgrades. I was wondering what you think.
By 2020 the national debt will be 20 trillion vs. 14 T now. With economic and employment growth effectively 0 as far as the eye can see we are in trouble. Assuming the usual downward revisions in GDP numbers and further problems in the EU and the Far East the choice is drastic cuts or further downgrades. I was wondering what you think.
Freeze federal spending for 5 years and we have a balanced budget by 2016, possibly a surplus. No spending cuts required, just a freeze at today's bloated spending rate and today's tax code.
By 2020 the national debt will be 20 trillion vs. 14 T now. With economic and employment growth effectively 0 as far as the eye can see we are in trouble. Assuming the usual downward revisions in GDP numbers and further problems in the EU and the Far East the choice is drastic cuts or further downgrades. I was wondering what you think.
only 145 pages so far. I am listing the consequences of complaisancyBy 2020 the national debt will be 20 trillion vs. 14 T now. With economic and employment growth effectively 0 as far as the eye can see we are in trouble. Assuming the usual downward revisions in GDP numbers and further problems in the EU and the Far East the choice is drastic cuts or further downgrades. I was wondering what you think.
I think we're in a lot of trouble too. The only way this can be managed is to pay this debt off in a hurry, say 5 years. I'd even be willing to look at a one penny tax on every good, service bought to pay it off. We need to break through a new technological front that leads the world.
How's that book coming along?
only 145 pages so far. I am listing the consequences of complaisancyBy 2020 the national debt will be 20 trillion vs. 14 T now. With economic and employment growth effectively 0 as far as the eye can see we are in trouble. Assuming the usual downward revisions in GDP numbers and further problems in the EU and the Far East the choice is drastic cuts or further downgrades. I was wondering what you think.
I think we're in a lot of trouble too. The only way this can be managed is to pay this debt off in a hurry, say 5 years. I'd even be willing to look at a one penny tax on every good, service bought to pay it off. We need to break through a new technological front that leads the world.
How's that book coming along?
The only actual problem with entitlements is the lack of a link to life expectancy. By all actuarial expectations early retirement should be at least 65+, medicare 67-8 (It came in in the 1960s) and full social security 70-75 today.
only 145 pages so far. I am listing the consequences of complaisancyBy 2020 the national debt will be 20 trillion vs. 14 T now. With economic and employment growth effectively 0 as far as the eye can see we are in trouble. Assuming the usual downward revisions in GDP numbers and further problems in the EU and the Far East the choice is drastic cuts or further downgrades. I was wondering what you think.
I think we're in a lot of trouble too. The only way this can be managed is to pay this debt off in a hurry, say 5 years. I'd even be willing to look at a one penny tax on every good, service bought to pay it off. We need to break through a new technological front that leads the world.
How's that book coming along?
The only actual problem with entitlements is the lack of a link to life expectancy. By all actuarial expectations early retirement should be at least 65+, medicare 67-8 (It came in in the 1960s) and full social security 70-75 today.
Freeze entitlements too. This ain't rocket science. We spend too much. The only way back to sanity is to freeze everything. Normal growth will create a balanced budget in 5-6 years.Freeze federal spending for 5 years and we have a balanced budget by 2016, possibly a surplus. No spending cuts required, just a freeze at today's bloated spending rate and today's tax code.
entitlements will not stand still, they simply won't, thats why that graph though as 'true' as it appears, is a fantasy on practical terms. the dem answer appears to be, to cut defense, tax more and denude payments to care givers and institutions that deliver it, as if that will work......
my rant;
once gov. got in the business of social engineering, this was foretold.
The Europeans discovered this sooner than we did becasue we have a much more highly 'evolved ' credit economy, which bought us more time............Europe in the 70's and 80's started running flat and unemployment reached levels that they could not wrestle to the ground, there are just not enough producers to provide succor to those that have been told they will be taken care of by those producers.
once gov was in the social engineering bus., their mismanagement of the our financial affairs did not make this happen, it has just made it happen SOONER.
only 145 pages so far. I am listing the consequences of complaisancyBy 2020 the national debt will be 20 trillion vs. 14 T now. With economic and employment growth effectively 0 as far as the eye can see we are in trouble. Assuming the usual downward revisions in GDP numbers and further problems in the EU and the Far East the choice is drastic cuts or further downgrades. I was wondering what you think.
I think we're in a lot of trouble too. The only way this can be managed is to pay this debt off in a hurry, say 5 years. I'd even be willing to look at a one penny tax on every good, service bought to pay it off. We need to break through a new technological front that leads the world.
How's that book coming along?
The only actual problem with entitlements is the lack of a link to life expectancy. By all actuarial expectations early retirement should be at least 65+, medicare 67-8 (It came in in the 1960s) and full social security 70-75 today.
only 145 pages so far. I am listing the consequences of complaisancyI think we're in a lot of trouble too. The only way this can be managed is to pay this debt off in a hurry, say 5 years. I'd even be willing to look at a one penny tax on every good, service bought to pay it off. We need to break through a new technological front that leads the world.
How's that book coming along?
The only actual problem with entitlements is the lack of a link to life expectancy. By all actuarial expectations early retirement should be at least 65+, medicare 67-8 (It came in in the 1960s) and full social security 70-75 today.
I say make retirement 90+. Just think how much we'll save in entitlement expenditures.
I'd agree to that, but I am financially independent and can live without anything from Social Security.only 145 pages so far. I am listing the consequences of complaisancyI think we're in a lot of trouble too. The only way this can be managed is to pay this debt off in a hurry, say 5 years. I'd even be willing to look at a one penny tax on every good, service bought to pay it off. We need to break through a new technological front that leads the world.
How's that book coming along?
The only actual problem with entitlements is the lack of a link to life expectancy. By all actuarial expectations early retirement should be at least 65+, medicare 67-8 (It came in in the 1960s) and full social security 70-75 today.
I say make retirement 90+. Just think how much we'll save in entitlement expenditures.
Freeze entitlements too. This ain't rocket science. We spend too much. The only way back to sanity is to freeze everything. Normal growth will create a balanced budget in 5-6 years.Freeze federal spending for 5 years and we have a balanced budget by 2016, possibly a surplus. No spending cuts required, just a freeze at today's bloated spending rate and today's tax code.
entitlements will not stand still, they simply won't, thats why that graph though as 'true' as it appears, is a fantasy on practical terms. the dem answer appears to be, to cut defense, tax more and denude payments to care givers and institutions that deliver it, as if that will work......
my rant;
once gov. got in the business of social engineering, this was foretold.
The Europeans discovered this sooner than we did becasue we have a much more highly 'evolved ' credit economy, which bought us more time............Europe in the 70's and 80's started running flat and unemployment reached levels that they could not wrestle to the ground, there are just not enough producers to provide succor to those that have been told they will be taken care of by those producers.
once gov was in the social engineering bus., their mismanagement of the our financial affairs did not make this happen, it has just made it happen SOONER.
We then need to educate people about the crafty ways of the DC Bureaucrat. Only in DC is a spending increase considered a spending cut. It's ridiculous!
Then we reform and rework all entitlement programs. We can start by raising the eligibility age for Social Security and Medicare to life match currenty expectancy. We should eliminate Obamacare and the Medicare drug benefit completely.
We can do this all with no new taxes and no spending cuts.
I'd agree to that, but I am financially independent and can live without anything from Social Security.only 145 pages so far. I am listing the consequences of complaisancy
The only actual problem with entitlements is the lack of a link to life expectancy. By all actuarial expectations early retirement should be at least 65+, medicare 67-8 (It came in in the 1960s) and full social security 70-75 today.
I say make retirement 90+. Just think how much we'll save in entitlement expenditures.
I think a reasonable age is 72 for early retirement, 75 for full retirement. (feel free to retire at any age you like if you can afford it. But government benefits should not start until 72)
