With debt deal done, what else is there?

Discussion in 'Politics' started by The Rabbi, Jul 31, 2011.

  1. The Rabbi
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    The Rabbi Diamond Member

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    Assuming Congress and the Pres ink a deal in the next day or so, what will they do next?

    I mean, we have rising unemployment, large corporate layoffs, a failure in Afghanistan and Libya, an over-reaching regulatory structure, esp the EPA.
    But with funds scarce, what will Congress find to spend time and money on?
     
  2. Ame®icano
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    Ame®icano Gold Member

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    Well, we could start couple of new wars, outsource Alaska oil fields, sell GM to Chinese... oh, nationalize oil and banks, repeal 22nd Amendment...
     
  3. kyzr
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    kyzr Gold Member

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    I like the Plan that cuts 1% a year for 8-years to bring the Budget back into balance. This fight isn't as tough as the pols are making it look. The Bush Tax Cut ends in 2013, so we just need to keep cutting spending and ending tax loop-holes until then.
     
  4. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    End Baseline budgetting.
    Audit the Federal Government
    Eliminate unneccessary government departments and regulation
    Flat tax
    Repeal the 17th amendment

    That seems like a good start.
     
  5. kyzr
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    kyzr Gold Member

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    I like ending all tax loop-holes, all subsidies, the Bush tax Cut, foreign aid, money to the IMF (for Greece/Somalia, etc),
    Then they should go after off-shore tax cheats, including Swiss bank Accounts, lower Corporate tax rates, then add a penny transaction tax on all Wall Street transactions.
    Follow that up with taxing the crap out of derivatives, short-sales, stock options, commodities, and other global casino instruments that don't raise capital or create jobs.
     
  6. get_involved
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    get_involved Gold Member

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    What will they do next?

    VACATION!
     
  7. The Rabbi
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    The Rabbi Diamond Member

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    OK. None of that shit is going to happen. Just like the balanced budget amendment. It's a dream. Let's deal in reality.
     
  8. Middleoftheroad
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    Middleoftheroad Active Member

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    Create jobs, first and foremost.
    The reason that many independents voted for republicans was that after all the democrats plan to fix the economy, it still hadn't improved very much. To be honest, if they had all run on the platform of "we will cut cut cut, and do absolutely nothing for the economy" many of them would not have won.
    If you really want to cut the deficit down, people need to go back to work.
    I'm glad to see the republican's threw a bone to the oil industry a few months ago, which if I remember correctly Obama actually passed some parts of, but they need to go further. No matter how easy they make it for the oil industry, it is not going to be some magic cure all for the economy.
    I'm sure that the oil industry is not the only area that the government makes it harder to expand business, right now the GOP should be targeting those restrictions.
     
  9. kyzr
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    kyzr Gold Member

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    Make predictions for the next 10 and 20 years:
    10-years out the Debt is $20-trillion and the interest on the Debt is $1-trillion a year
    20-years out the Debt is $15-trillion paid for by eliminating Medicare & Medicaid, its everyone for themselves, since most hospitals have closed when Medicare ended.

    The only way we get a happy ending is if the "Debt Commission-II" recommendations work and the deficit turns to a surplus and the Debt starts coming down.

    Vegas has the bad ending over the good ending at 3:1 odds, based on voters' always voting their entitlements.
     
  10. Seawytch
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    Seawytch Information isnt Advocacy

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    Investing in our infrastructure? Ending the occupations of Iraq and Afghanistan and bringing our troops home to actual "shovel ready" projects? Investing in education and supporting reforms that will return America to it's top position on the world stage?

    How about we take the top spot away in regards to renewable energy solutions? Sure would be nice to be a manufacturing industry again...We're currently a horrifying 17th in the world in clean technology production. (China is growing theirs at 77% per year)

    China Leads Push to Go Green

    You know...I'd really like the United States to actually BE number one again...in something besides military spending.
     

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