Mitt Romney has written an editorial. It should prompt a national discussion. It won't.

He took a sledge to USAID. That sledge has cost the lives of millions of people around the world.


"Millions". FFS

And then we have reality:

Amazing sentence snuck into a NYT article on USAID, then ignored:

<<Much of the more than $35 billion [USAID] managed last year went to Washington-based contractors, not directly to communities in need overseas.>>

So much for all those Africans who are allegedly going to die without USAID $$.


 
Bullshit. You Republicans have fucked up the nation in the past two presidencies. That trickle down crap your sie hs pushe fr nerly 50 years has created most of the shortfalls. So the last thing we need is to listen to repubicans about matters of money. Your arrogance is amazing given the Fact that your policies generally have always failed. So just how much longer are we going to continue the upward wealth redistribution to give more middle and working class money to people who have all the money they need?
Reagan Fixed the Carter disaster by cutting taxes regulations and alwso he cut many deductions the rich used as shelters. He gave us TEFRA and revenue sharing. It took 4 years to fix the Carter disaster then we had 10 years of prosperity.
But Carter and the democrats passed the Community Reinvestment Act that was supposed to increase black home ownership. It firced banks to take on quotas of subprime(bad they cant afford it} loans. Blacks were often denied credit because they use the check casher, dont have bank accounts, and as rule arent fiscally responsible. Single parent families dont have the income. So the banks said the Gument will guarantee 90% of these Subprime(bad poor credit)loans. So Fanny Mae was created. Well guess what happened. Fanny Mae went broke because too many loans couldnt be paid off and that caused the Great Mortgage recession the democrats blame Bush for. But it was Carter who caused it
Side note black home ownership dropped.

Now Trump will fix the Biden disaster the same way. Tax cuts regulation cuts and less government. Do the opposite of what democrats do and life gets better
 
Bingo.

Nobody will do crap about it either because at the end of the day Americans don't care until shit starts hitting the fan and it's too late.

Tax-cuts, spending and growth is simply way more popular than austerity and contraction it causes.


We pay 535 Congress + staff + overhead to watch out for all of this sort of stuff.

But you keep voting for imbeciles as you want to crash the Country. It has now gotten so bad only criminals and lowIQ drifters will try fo office because of the media, existing congress, courts, DA. DOJ etc.

You dirty board stain, you own the mess 100% always.//
 
"They" always have "ideas" when not in office.

Obiden people yell "Tax the rich" since 2007 non-stop. Ok, Obiden 1, 2 had 12 years. They did nothing but reroute Tax dollars to the DNC or own pockets. They exported BP, and some financial institutions perhaps? But the did not "make Wall st. pay" as they promised. Quite the opposite.
 
We pay 535 Congress + staff + overhead to watch out for all of this sort of stuff.

Doesn't matter if they are politically pushed to take the road of least resistance.

We all know what you rightwingers are going to do with your Congressman that dares to raise your taxes - you'll vote them out first chance you get and it doesn't matter that there were also spending cuts to go with it.
 

Mitt Romney: Tax the Rich, Like Me​

In 2012, political ads suggested that some of my policy proposals, if enacted, would amount to pushing grandma off a cliff. Actually, my proposals were intended to prevent that very thing from happening.

Today, all of us, including our grandmas, truly are headed for a cliff: If, as projected, the Social Security Trust Fund runs out in the 2034 fiscal year, benefits will be cut by about 23 percent. The government will need trillions of dollars to make up the shortfall. When lenders refuse to loan the money unless they are paid much higher interest rates, economic calamity will almost certainly ensue. Alternatively, the government could print more money, inducing hyperinflation that devalues the national debt — along with your savings.

Typically, Democrats insist on higher taxes, and Republicans insist on lower spending. But given the magnitude of our national debt as well as the proximity of the cliff, both are necessary. DOGE took a slash-and-burn approach to budget cutting and failed spectacularly. Europe demonstrates that exorbitant taxes without spending restraint crushes economic vitality and thus speeds how fast the cliff arrives.


The title applies to his belief the $176K income cap for social security taxes should be done away with.

I long opposed increasing the income level on which FICA employment taxes are applied (this year, the cap is $176,100). No longer; the consequences of the cliff have changed my mind.

The largest source of additional tax revenues is also probably the most compelling for fairness and social stability. Some call it closing tax code loopholes, but the term “loopholes” grossly understates their scale. “Caverns” or “caves” would be more fitting.


He goes on to say the "step up in basis" capital gains tax treatment for wealthy estates should be amended. Meaning, if you inherit an asset for which the owner would have faced a capital gains tax upon its disposal if the owner did so while still alive, you shouldn't be able to inherit the asset tax free.

The thread is not intended to start a debate on the details of Romney's recommendations. Rather, it is to highlight the impending shortfall in the SS trust requires the nation to have a serious debate over what to do about it. And soon.

So too we need to have a discussion about the debt, during which both higher taxes and lower spending are on the table. There are still more.

Many have said our elected representatives have failed us with the rise of partisanship leading to paralyzing gridlock. The result being critical issues are not being effectively addressed. I say we have failed ourselves by not electing serious and informed officials to represent us. A reflection of "we the people," who spend too much time entertaining ourselves and not enough learning about fact based solutions to problems that will bring this republic down if they are not resolved in an intelligent, thoughtful, forward looking way.
I take Romney with a 1/2 a grain of salt. He's a politician. When has anyone been able to trust anything a politician has to say? If you're in Washington D.C. and you're not Rand Paul or Thomas Massie, then you're a liar. And I realize that Romney isn't in D.C. but he still has it's taint.
 
Doesn't matter if they are politically pushed to take the road of least resistance.

We all know what you rightwingers are going to do with a Congressman that dares to raise your tax-rates - you'll vote them out first chance you get and it doesn't matter that there were was also some spending cut.


Nice spin job, tomato nuts 🍅 we want it fixed. Your boys do nothing but steal. At least Trump makes an effort. He makes changes. Get off the boards with your non-stop commeee spew.
 
Nice spin job, tomato nuts 🍅 we want it fixed. Your boys do nothing but steal. At least Trump makes an effort. He makes changes. Get off the boards with your non-stop commeee spew.

Really?

You now support a tax-raises-for-spending-cuts like what we've had in "Grand Bargain" that Obama and Boehner were trying to get done back in the day?
 
Really? You now support a tax-raise-for-spending-cuts compromise?


I want it all fixed, diknose. That's all. It isn't that hard. 12 yrs of obiden + Flu + shutdown + stolen 2020 did long lasting practically unrepairable damages. $28T wasted lost or stolen since.

They (political hacks) know that. That is why they stole all they could 21-24. They can't fix it (too stupid, too corrupted) so they take now, prepare for the collapse. You caused it.

Thank God for President Trump (the idea man) trying to save it.
 
15th post
THis is why he lost the election. The solution is less not more government and people taking care of their own needs
Nothing stopping g you from giving that money to the state or charity mittens.
 
Do away with the income cap on SS and presto, you've solved 70% of your shortfall issues.

So why haven't they done that? The Democrats have had the trifecta plenty of times and haven't even taken the issue up.
 

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