Greece tells banking cartel STICK IT

[The Rabbi]

And I don't think explaining everything that happened since Reagan to George Bush's end of his term will do anything to prove anything to Republicans because they lived through it and denied it the entire time everything that was happening such dis honest Prix

Wow, it's like Bill Clinton was never president, and the Democrats never controlled either house of Congress.
Amazing.

 

[sealybobo]

And I don't think explaining everything that happened since Reagan to George Bush's end of his term will do anything to prove anything to Republicans because they lived through it and denied it the entire time everything that was happening such dis honest Prix

Wow, it's like Bill Clinton was never president, and the Democrats never controlled either house of Congress.
Amazing.

Have the bankers that own the Federal Reserve are Jewish you're probably a cousin

 

[sealybobo]

We all know why Al Gore lost in 2000. Joe Lieberman

 

[The Rabbi]

And I don't think explaining everything that happened since Reagan to George Bush's end of his term will do anything to prove anything to Republicans because they lived through it and denied it the entire time everything that was happening such dis honest Prix

Wow, it's like Bill Clinton was never president, and the Democrats never controlled either house of Congress.
Amazing.

Have the bankers that own the Federal Reserve are Jewish you're probably a cousin

Are you smoking crack?

 

[Steinlight]

Woo ... what a load of self-reinforcing poop and yeah, if you borrow and sign on the dotted line in exchange for someone else's money, you need to live up to your end of the bargain. The fact that you recognize that Greece was always going to have to "come up with a plan" that would free up new loans makes you just as dim and pompous as Tsipras and Varoufakis and the chorus of A-holes screaming "Oxi! Oxi!"
Tsipras could have saved Greece a lot of economic damage by agreeing to the creditor's terms weeks ago but was having too much fun posing for pix, wagging his finger at smarter people (with far more integrity) and jetting around Europe on the public dime.
As "trustworthy" as Greece and Tsipras have proven themselves to be, this is one investor who won't anytime soon be parking any cash there.

I know very smart rich people who live in Switzerland and argue with their Greek relatives.

I'll tell you what. They are starting to see Greece's points. Then I point out how here in America when the banks collapsed what a stupid bad deal we gave them.

They basically caused the collapse then demanded we take cuts while cutting their taxes.

The rich are shifting the tax burden more on us and middle class Republicans are to blame.

We should have said oxi.

Lower taxes had zero to do with the financial crisis in the US. This is absurd. There is no way you could reasonably connect the two.

If Greece actually practiced austerity a couple years ago, and actually cut their spending(which they haven't) when the financial crisis began, they would have never gotten to this point. Latvia followed the austerity program and is incredibly successful by comparison.

Are you saying that American national debt is not a problem?

Of course its a problem, but it had nothing to do with the financial crisis.

The national debt is a problem, because if we continue with this increased spending, year after year, we could end up where Greece is down the road.

Do you think we have a chance of solving the debt while cutting taxes on the rich? Then you should know it all adds up and it's all tied together

The Bush tax cuts expired, you can't scapegoat them for the increasing debt anymore. Besides, you get into debt by spending money you don't have. If spending was on par with tax revenue(which is the highest it has ever been), there would be no deficit, and thus no growing debt. The problem is that government doesn't spend within its means, not that people have more of their own money.

How much more do we need to squeeze out of "the rich" to fund this runaway government spending?

 

[Steinlight]

When we got robbed by

No, actually I'm not the fool. Not at all. I was completely against the bailouts from the very start. More importantly, I was against the policy that promoted sub-prime loans to begin with.

We didn't get robbed.

If I come to your home, and tell you "You have to give me $8 Million dollars, or..... your world will end somehow"....

and you go.... "DUR! Sure Sparky! Here you go!"

Did I "rob" you? Or were you dumber than forest gump, and voluntarily gave me the money?

Hint.... Gump.

We didn't get robbed. Government engaged in Socialism, and purchased bad assets for way over market price, by choice.

Governments can't get "robbed". You show me the time armed bandits, rush the congressional hall, and force politicians to write, sign, and pass legislation giving them the Federal Mint, and then.... ok government got robbed.

Greece certainly isn't getting "robbed". They could make the choice to spend less money than they collect in taxes... >TODAY< and walk away from the EU, without a loan, and there nothing the EU, ECB, or IMF could do about it.

They are making a choice. They WANT to borrow more money. Therefore they MUST follow the rules required to get those loans.

That's how life works. You want to borrow money from me? I'll loan it to you, but you gotta sign over title of your car as pledge for the money. "Well I don't want to do that!" .... ok.... then you don't get the money. "BUT I WANT YOUR MONEY!".... then you have to follow my rules..... "YOU ARE ROBBING ME!" no, you are making a choice.

That's all there is to it.

When we got robbed by the banks that wasn't socialism that was capitalism gone wrong. Unregulated free market capitalism

That's not true. Capitalism had nothing to do with the fact that the Federal Reserve created a subprime bubble that eventually burst. The 08 crisis is one of the many examples of the failure of central economic planning. Former Fed Chair Greenspan thought he could get out of the Dot.Com bubble by creating a housing bubble. Artificially low interest rates created subprime loans that would have not existed in a free market, and this bad debt was spread throughout the economy, leading to the crash. It wasn't a lack of regulation, but state intervention, that caused the economic downturn.

Yeah, blame it on the state when the banksters risk our economic security worldwide. The state did not stop them from doing so, so blame it. Now, you get the auto bubble, nobody learned anything and all will blame those for the auto bubble they always blame. Lobbyism missing reality. Idiocy continues. You cannot smoke but put down the whole country instead! That should make the people angry but as soon as the gov´t has pulled the cigarettes out of their faces they start to talk of the "free market" that should be allowed to destroy itself as consequence of the free market. Time to turn one´s back to that craze, there are other things in the world that really deserve attention.

The Federal Reserve is a privately owned central bank. No one is defending bankers, they made bad decisions, and shouldn't have been bailed out. But your stupid and narrow minded populism that allows for massive deficit spending like in Greece is just as bad. Democratic Socialism and Corporatism are both failed economic models.

Deficit spending like we do on defense or pork projects? Remember pork? What ever happened to complaining about that? On fucking yea, the GOP control both houses. They love pork now.

You also don't send all your manufacturing jobs overseas unless you're practicing disaster capitalism. All those workers were paying their mortgages and taxes.

Republicans arent just intellectually dishonest with us I believe they're just as dishonest with themselves.

So much they don't get nor will they ever. They make the perfect sheep.

No party has seriously cut spending. If you think Democrats will reign in waste in defense spending, you are in a fantasy world(Obama has signed all current defense spending into law, not the Republicans). You live in some fantasy world where Republicans slash social spending. When in reality, Bush massively expanded entitlements like Medicare Part D, don't hear any complaints from you guys there.

You guys on the left don't care about the deficit at all. You just want more money from defense for your failed welfare state, not to cut spending overall.

Tax cuts didn't cause manufacturing to go overseas, so again, you are all over the place.

 

[Synthaholic]

Obama passed a trillion dollar stimulus with lots of public works projects

It wasn't a trillion dollars, so there's your first lie.

There were no public works projects, so there's your second lie.

It's all you can do, apparently.

You are of course wrong on both counts. As usual.

You're a fucking liar.

The approximate cost of the economic stimulus package was estimated to be $787 billion at the time of passage, later revised to $831 billion between 2009 and 2019.[1]​

https://en.wikipedia.org/wiki/American_Recovery_and_Reinvestment_Act_of_2009

 

[Synthaholic]

You don't get into debt by not spending. You get into debt by spending money you don't have.

You get out of debt by making more money. The country will make more money by expanding the tax base. You do that with large public works projects, as FDR did.

We can do the same by massive infrastructure spending on roads, bridges, new airports, seawalls (climate change), and more Green installations, in solar panels, wind, etc.

Where is the money for your "massive infrastructure spending"(of an unspecified amount) going to come from?

Borrowed.

How much? And how do you intend to pay it back?

Through the taxes raised from the workers who now have full-time jobs. In the case of new roads, through tolls. In the case of a new airport, fees on airlines and passengers.

 

[Synthaholic]

Greece is done.

Not even close.

Greece represents the failure of Democratic Socialism (Social Democracy). It is economically obsolete.

False. Greece represents the failure of not having a working tax collection apparatus.

 

[Steinlight]

You don't get into debt by not spending. You get into debt by spending money you don't have.

You get out of debt by making more money. The country will make more money by expanding the tax base. You do that with large public works projects, as FDR did.

We can do the same by massive infrastructure spending on roads, bridges, new airports, seawalls (climate change), and more Green installations, in solar panels, wind, etc.

Where is the money for your "massive infrastructure spending"(of an unspecified amount) going to come from?

Borrowed.

How much? And how do you intend to pay it back?

Through the taxes raised from the workers who now have full-time jobs. In the case of new roads, through tolls. In the case of a new airport, fees on airlines and passengers.

That sounds like a terrible idea. All full time workers, regardless of pay? How much of a percentage increase, and how much will you spend on these government projects? You would essentially be taking money from middle class workers to fund these public works. Taking money from the very people you claim to defend by giving away to politically connected cronies and public unions. You can't grow an economy by taking money from one sector and putting it in another.

 

[Steinlight]

Greece is done.

Not even close.

Greece represents the failure of Democratic Socialism (Social Democracy). It is economically obsolete.

False. Greece represents the failure of not having a working tax collection apparatus.

There is no money to collect, you can't even get to an ATM in Greece because the debt has sapped the country of its wealth. Even if they wanted to pay back their debts, they couldn't because they have spent themselves into oblivion.

Inept social democratic policies will lead to the rise of Golden Dawn in Greece. As usual, like throughout history(if you look at Germany or Spain, inept far left governments like the Spainish Republic or the Weimar Republic lead to hardcore nationalism. The Left always cries about "fascism", but they breed the conditions for it.

 

[Bleipriester]

If you try to convert 0 Euro into drachma, how many drachma will you get? Greece´s soft socialism that was embedded into capitalism, doesn´t work anymore because the money is away and nobody is willing to give more.

Greece doesn't manufacture anything. That was also a problem back in America 2007. There's just so much more to the story that you guys are leaving out but I digress

Greece had years to to avoid this and did nothing. If you want to see our future in Europe, look at Greece. For what will the Greeks vote when there is no money left to make a decision on? The Greeks should now continue their austerity agenda for their own sake.

They control important ports. Tax ships. And be nicer to tourists. I'm a Greek American and I think Greeks are assholes. Personally I think they deserve what they're going through the arrogant bastards but I also don't like what the rich and powerful are doing all across the globe I believe they did it in a couple of Middle Eastern countries I can't remember which now I remember the french people had to take cuts before Detroit. Now Puerto Rico and Greece. Who's next? They're picking us off one at a time.

So part of me is proud of Greece. Oxi!

Greece was not picked. It knowingly ran into bankruptcy and could get no more loans on the market.

In America some states pay more into the federal government than they receive in some states receive more than they pay in. I guess Greece will just be one of those states in Europe that takes more than they give. If they're like in America greece would be a red state.

This is how it is working in Europe but the EU budget is not more than a pocket money for the EU Commission.

 

[The Rabbi]

Obama passed a trillion dollar stimulus with lots of public works projects

It wasn't a trillion dollars, so there's your first lie.

There were no public works projects, so there's your second lie.

It's all you can do, apparently.

You are of course wrong on both counts. As usual.

You're a fucking liar.

The approximate cost of the economic stimulus package was estimated to be $787 billion at the time of passage, later revised to $831 billion between 2009 and 2019.[1]​

https://en.wikipedia.org/wiki/American_Recovery_and_Reinvestment_Act_of_2009

A hundred billion here, a hundred billion there, pretty soon you're talking about real money.
The cost was well in excess of one trillion dollars. Look at the underperformance of the economy, the gap between what the administration promised and what it delivered. It's trillions.

 

[The Rabbi]

You don't get into debt by not spending. You get into debt by spending money you don't have.

You get out of debt by making more money. The country will make more money by expanding the tax base. You do that with large public works projects, as FDR did.

We can do the same by massive infrastructure spending on roads, bridges, new airports, seawalls (climate change), and more Green installations, in solar panels, wind, etc.

Where is the money for your "massive infrastructure spending"(of an unspecified amount) going to come from?

Borrowed.

How much? And how do you intend to pay it back?

Through the taxes raised from the workers who now have full-time jobs. In the case of new roads, through tolls. In the case of a new airport, fees on airlines and passengers.

Yes taxing people already over taxed will lead to prosperity.
You can say this only because you've never worked a job in your life.

 

[The Rabbi]

Greece is done.

Not even close.

Greece represents the failure of Democratic Socialism (Social Democracy). It is economically obsolete.

False. Greece represents the failure of not having a working tax collection apparatus.

Yeah, go with that.
Total face plant fail.

 

[Andylusion]

Woo ... what a load of self-reinforcing poop and yeah, if you borrow and sign on the dotted line in exchange for someone else's money, you need to live up to your end of the bargain. The fact that you recognize that Greece was always going to have to "come up with a plan" that would free up new loans makes you just as dim and pompous as Tsipras and Varoufakis and the chorus of A-holes screaming "Oxi! Oxi!"
Tsipras could have saved Greece a lot of economic damage by agreeing to the creditor's terms weeks ago but was having too much fun posing for pix, wagging his finger at smarter people (with far more integrity) and jetting around Europe on the public dime.
As "trustworthy" as Greece and Tsipras have proven themselves to be, this is one investor who won't anytime soon be parking any cash there.

I know very smart rich people who live in Switzerland and argue with their Greek relatives.

I'll tell you what. They are starting to see Greece's points. Then I point out how here in America when the banks collapsed what a stupid bad deal we gave them.

They basically caused the collapse then demanded we take cuts while cutting their taxes.

The rich are shifting the tax burden more on us and middle class Republicans are to blame.

We should have said oxi.

Lower taxes had zero to do with the financial crisis in the US. This is absurd. There is no way you could reasonably connect the two.

If Greece actually practiced austerity a couple years ago, and actually cut their spending(which they haven't) when the financial crisis began, they would have never gotten to this point. Latvia followed the austerity program and is incredibly successful by comparison.

Are you saying that American national debt is not a problem?

Of course its a problem, but it had nothing to do with the financial crisis.

The national debt is a problem, because if we continue with this increased spending, year after year, we could end up where Greece is down the road.

Do you think we have a chance of solving the debt while cutting taxes on the rich? Then you should know it all adds up and it's all tied together

First off, the tax cut was for everyone, not just the rich. *I* got a tax cut from Bush. So I'm happy about it.

Second, back in 2012, I had a net take home pay of only $12K for the entire year. It was a huge drop in income. Yet even during that year, I was able to pay DOWN some debt, and actually save money in the bank.

Now for some reason, this concept seems incomprehensible to leftist people.

You can pay down debt, and have a surplus, even while cutting taxes.

It's called "Spending less than you make", or in governmental terms "Spending less than you collect in taxes".

Here's a fact, you can't argue with: Tax Revenue doubled during the 80s, while taxes were cut to a mere fraction of what they were.

So, regardless of anything else, or 'whose at fault' or whatever, that's an established fact.

'blaw blaw blaw reagan blaw blaw tip o'neal blaw blaw democrats blaw blaw republicans' all that crap aside.... taxes were cut, and revenue doubled.

So why did we have a deficit? Spending. Now if you want blame reagan, fine, but the answer is still SPENDING. SPENDING caused the deficit. SPENDING caused the debt. SPENDING was the problem.

And the source of the problem, is also the solution. CUT spending. That's it.

Now the moment we get to this point, morons start screaming about the military. If that's the game you want to play, fine, but understand that cutting the military is not a solution.

There were several years in which, if we had cut the military 100%, we would still have had a deficit. The US budget deficit for this year, 2015 is projected to be $585 Billion dollars. The US Department of Defense budget for this year, is only $610 Billion.

So unless your brilliant plan is to have a defense budget of only $25 Billion, cutting the military is not a solution. Some of you pot smoking Colorado hippy rejects, need to just grow up a bit. You might be able to shrink the defense budget by a few billions, but that's not a long term plan. Grow up.

We need to cut entitlements, pure and simple. No amount of tax hikes, is going to fix this. Only spending cuts are going to fix it. Period.

 

[sealybobo]

I know very smart rich people who live in Switzerland and argue with their Greek relatives.

I'll tell you what. They are starting to see Greece's points. Then I point out how here in America when the banks collapsed what a stupid bad deal we gave them.

They basically caused the collapse then demanded we take cuts while cutting their taxes.

The rich are shifting the tax burden more on us and middle class Republicans are to blame.

We should have said oxi.

Lower taxes had zero to do with the financial crisis in the US. This is absurd. There is no way you could reasonably connect the two.

If Greece actually practiced austerity a couple years ago, and actually cut their spending(which they haven't) when the financial crisis began, they would have never gotten to this point. Latvia followed the austerity program and is incredibly successful by comparison.

Are you saying that American national debt is not a problem?

Of course its a problem, but it had nothing to do with the financial crisis.

The national debt is a problem, because if we continue with this increased spending, year after year, we could end up where Greece is down the road.

Do you think we have a chance of solving the debt while cutting taxes on the rich? Then you should know it all adds up and it's all tied together

First off, the tax cut was for everyone, not just the rich. *I* got a tax cut from Bush. So I'm happy about it.

Second, back in 2012, I had a net take home pay of only $12K for the entire year. It was a huge drop in income. Yet even during that year, I was able to pay DOWN some debt, and actually save money in the bank.

Now for some reason, this concept seems incomprehensible to leftist people.

You can pay down debt, and have a surplus, even while cutting taxes.

It's called "Spending less than you make", or in governmental terms "Spending less than you collect in taxes".

Here's a fact, you can't argue with: Tax Revenue doubled during the 80s, while taxes were cut to a mere fraction of what they were.

So, regardless of anything else, or 'whose at fault' or whatever, that's an established fact.

'blaw blaw blaw reagan blaw blaw tip o'neal blaw blaw democrats blaw blaw republicans' all that crap aside.... taxes were cut, and revenue doubled.

So why did we have a deficit? Spending. Now if you want blame reagan, fine, but the answer is still SPENDING. SPENDING caused the deficit. SPENDING caused the debt. SPENDING was the problem.

And the source of the problem, is also the solution. CUT spending. That's it.

Now the moment we get to this point, morons start screaming about the military. If that's the game you want to play, fine, but understand that cutting the military is not a solution.

There were several years in which, if we had cut the military 100%, we would still have had a deficit. The US budget deficit for this year, 2015 is projected to be $585 Billion dollars. The US Department of Defense budget for this year, is only $610 Billion.

So unless your brilliant plan is to have a defense budget of only $25 Billion, cutting the military is not a solution. Some of you pot smoking Colorado hippy rejects, need to just grow up a bit. You might be able to shrink the defense budget by a few billions, but that's not a long term plan. Grow up.

We need to cut entitlements, pure and simple. No amount of tax hikes, is going to fix this. Only spending cuts are going to fix it. Period.

I read a sentence in and realized I've had these arguments already. I burned out explaining to you guys. You win. I read not even half your fist sentence that's all it took was to hear you defending the Gw stimulus checks. Bye loser or liar. Doubt youre a liar.

 

[sealybobo]

I know very smart rich people who live in Switzerland and argue with their Greek relatives.

I'll tell you what. They are starting to see Greece's points. Then I point out how here in America when the banks collapsed what a stupid bad deal we gave them.

They basically caused the collapse then demanded we take cuts while cutting their taxes.

The rich are shifting the tax burden more on us and middle class Republicans are to blame.

We should have said oxi.

Lower taxes had zero to do with the financial crisis in the US. This is absurd. There is no way you could reasonably connect the two.

If Greece actually practiced austerity a couple years ago, and actually cut their spending(which they haven't) when the financial crisis began, they would have never gotten to this point. Latvia followed the austerity program and is incredibly successful by comparison.

Are you saying that American national debt is not a problem?

Of course its a problem, but it had nothing to do with the financial crisis.

The national debt is a problem, because if we continue with this increased spending, year after year, we could end up where Greece is down the road.

Do you think we have a chance of solving the debt while cutting taxes on the rich? Then you should know it all adds up and it's all tied together

First off, the tax cut was for everyone, not just the rich. *I* got a tax cut from Bush. So I'm happy about it.

Second, back in 2012, I had a net take home pay of only $12K for the entire year. It was a huge drop in income. Yet even during that year, I was able to pay DOWN some debt, and actually save money in the bank.

Now for some reason, this concept seems incomprehensible to leftist people.

You can pay down debt, and have a surplus, even while cutting taxes.

It's called "Spending less than you make", or in governmental terms "Spending less than you collect in taxes".

Here's a fact, you can't argue with: Tax Revenue doubled during the 80s, while taxes were cut to a mere fraction of what they were.

So, regardless of anything else, or 'whose at fault' or whatever, that's an established fact.

'blaw blaw blaw reagan blaw blaw tip o'neal blaw blaw democrats blaw blaw republicans' all that crap aside.... taxes were cut, and revenue doubled.

So why did we have a deficit? Spending. Now if you want blame reagan, fine, but the answer is still SPENDING. SPENDING caused the deficit. SPENDING caused the debt. SPENDING was the problem.

And the source of the problem, is also the solution. CUT spending. That's it.

Now the moment we get to this point, morons start screaming about the military. If that's the game you want to play, fine, but understand that cutting the military is not a solution.

There were several years in which, if we had cut the military 100%, we would still have had a deficit. The US budget deficit for this year, 2015 is projected to be $585 Billion dollars. The US Department of Defense budget for this year, is only $610 Billion.

So unless your brilliant plan is to have a defense budget of only $25 Billion, cutting the military is not a solution. Some of you pot smoking Colorado hippy rejects, need to just grow up a bit. You might be able to shrink the defense budget by a few billions, but that's not a long term plan. Grow up.

We need to cut entitlements, pure and simple. No amount of tax hikes, is going to fix this. Only spending cuts are going to fix it. Period.

I'll give you this I agree Americans are horrible at saving but I'm not and it doesn't sound like you are either good man

 

[dcraelin]

I know very smart rich people who live in Switzerland and argue with their Greek relatives.

I'll tell you what. They are starting to see Greece's points. Then I point out how here in America when the banks collapsed what a stupid bad deal we gave them.

They basically caused the collapse then demanded we take cuts while cutting their taxes.

The rich are shifting the tax burden more on us and middle class Republicans are to blame.

We should have said oxi.

Lower taxes had zero to do with the financial crisis in the US. This is absurd. There is no way you could reasonably connect the two.

If Greece actually practiced austerity a couple years ago, and actually cut their spending(which they haven't) when the financial crisis began, they would have never gotten to this point. Latvia followed the austerity program and is incredibly successful by comparison.

Are you saying that American national debt is not a problem?

Of course its a problem, but it had nothing to do with the financial crisis.

The national debt is a problem, because if we continue with this increased spending, year after year, we could end up where Greece is down the road.

Do you think we have a chance of solving the debt while cutting taxes on the rich? Then you should know it all adds up and it's all tied together

First off, the tax cut was for everyone, not just the rich. *I* got a tax cut from Bush. So I'm happy about it.

Second, back in 2012, I had a net take home pay of only $12K for the entire year. It was a huge drop in income. Yet even during that year, I was able to pay DOWN some debt, and actually save money in the bank.

Now for some reason, this concept seems incomprehensible to leftist people.

You can pay down debt, and have a surplus, even while cutting taxes.

It's called "Spending less than you make", or in governmental terms "Spending less than you collect in taxes".

Here's a fact, you can't argue with: Tax Revenue doubled during the 80s, while taxes were cut to a mere fraction of what they were.

So, regardless of anything else, or 'whose at fault' or whatever, that's an established fact.

'blaw blaw blaw reagan blaw blaw tip o'neal blaw blaw democrats blaw blaw republicans' all that crap aside.... taxes were cut, and revenue doubled.

So why did we have a deficit? Spending. Now if you want blame reagan, fine, but the answer is still SPENDING. SPENDING caused the deficit. SPENDING caused the debt. SPENDING was the problem.

And the source of the problem, is also the solution. CUT spending. That's it.

Now the moment we get to this point, morons start screaming about the military. If that's the game you want to play, fine, but understand that cutting the military is not a solution.

There were several years in which, if we had cut the military 100%, we would still have had a deficit. The US budget deficit for this year, 2015 is projected to be $585 Billion dollars. The US Department of Defense budget for this year, is only $610 Billion.

So unless your brilliant plan is to have a defense budget of only $25 Billion, cutting the military is not a solution. Some of you pot smoking Colorado hippy rejects, need to just grow up a bit. You might be able to shrink the defense budget by a few billions, but that's not a long term plan. Grow up.

We need to cut entitlements, pure and simple. No amount of tax hikes, is going to fix this. Only spending cuts are going to fix it. Period.

when you have all that borrowed money sloshing around in the economy tax revenue is bound to rise....did it double?....I dont think your right there. entitlements need to be means-tested

so because the military doesnt cover all the deficit you say we cant cut it?...cut it and cut it sharply...and cut salaries.....and pensions.....the way the military is portraying it now they talk of cutting rank and file....some is needed no doubt but cutting bloated pentagon salaries is needed also.

also needed is to raise taxes to a more historically sustainable level....especially on the wealthy....Eisenhower had a top marginal tax rate of 91%.....back to it.

 

[Synthaholic]

You get out of debt by making more money. The country will make more money by expanding the tax base. You do that with large public works projects, as FDR did.

We can do the same by massive infrastructure spending on roads, bridges, new airports, seawalls (climate change), and more Green installations, in solar panels, wind, etc.

Where is the money for your "massive infrastructure spending"(of an unspecified amount) going to come from?

Borrowed.

How much? And how do you intend to pay it back?

Through the taxes raised from the workers who now have full-time jobs. In the case of new roads, through tolls. In the case of a new airport, fees on airlines and passengers.

That sounds like a terrible idea. All full time workers, regardless of pay? How much of a percentage increase, and how much will you spend on these government projects? You would essentially be taking money from middle class workers to fund these public works. Taking money from the very people you claim to defend by giving away to politically connected cronies and public unions. You can't grow an economy by taking money from one sector and putting it in another.

It's not taking money from middle class workers.