Posted on 02/24/2013 10:55:13 PM PST by Nextrush
The games the politicians play are a pathetic joke.
Debt continues to pile on top of debt with "crisis" deadline after "crisis" deadline upon us.
We end up with "imperfect deals" that do nothing to balance the books, just continue the slow and painful descent into eventual financial collapse.
These sick austerity policies that include tax increases and spending cuts at the same time are already ruining Europe and now the United States is going down the same road.
Obama and the RINO's use emotional issues to drive wedges that scoop us masses of people to support them.
The RINO's can get us angry with liberals in the media, how our tax dollars are wasted, the Second Amendment issue and the list goes on....
but the RINO's refuse to offer a firmly balanced budget as an alternative to Obama's debt busting agenda.
CAN WE HAVE SOME SORT OF PLAN ON THE TABLE TO IMMEDIATELY BALANCE THE BUDGET THIS YEAR.
THAT'S A SIMPLE IDEA YOU CAN CARRY INTO THE NEXT ELECTION OR YOU CAN STAND ON WITH NO DEVIATION IN A FIGHT WITH OBAMA.
BALANCED BUDGET NOW....BALANCED BUDGET NOW......BALANCED BUDGET NOW.......
But of course, the question is how do you get there??????
Ideas to put on the table as alternatives to falling into the Medicare-Social Security cut trap.....
TOTAL ELMININATION OF FEDERAL GOVERNMENT DEPARTMENTS
DEPARTMENT OF ENERGY IS CUT
DEPARTMENT OF EDUCATION IS CUT
ENVIRONMENTAL PROTECTION AGENCY IS TOTALLY SHUT DOWN.....STATES HAVE THEIR OWN AGENCIES TO DO THE JOB.
OCCUPATIONAL SAFETY AND HEALTH ADMINISTRATION IS TOTALLY SHUT DOWN......STATES HAVE THEIR OWN AGENCIES TO DO THE JOB.....
ADD IN YOUR OWN IDEAS BUT THE INTERNAL REVENUE SERVICE CAN BE CUT 50 PERCENT AS FAR AS I'M CONCERNED....STOP HARRASSING TAXPAYERS WITH AUDITS.....
REPEAL OBAMACARE BECAUSE ITS TOO EXPENSIVE AND WILL BUST THE BUDGET.......
BALANCED BUDGET NOW.......BALANCED BUDGET NOW.........BALANCED BUDGET NOW......
A SIMPLE IDEA THAT COULD DRAW MILLIONS INTO THE STREETS OF WASHINGTON NOW......
If the GOP isn't interested in such a notion, maybe we need a new party that will be.
OTHERWISE WE ARE ON THE ROAD TO EVENTUAL DISASTER.
BALANCED BUDGET NOW.
Certain things could be killed in an instant and the country would do better.
Other things would have to be phased out over 10-15 years.
We’re more likely to just fall into the black hole.
and the alternative to what you just described is worse like a super great depression......
I think that’s what we get if the current phony baloney show of constant tax and spending adjustments continues.
The phoney baloney show is done I suspect to make the big business community happy so people keep on blowing their money.
And the big business folks pump big money into the RINO’s we have sent to Washington.
BALANCED BUDGET NOW.....BALANCED BUDGET NOW.....BALANCED BUDGET NOW.......
Might as well get it over with. It’s going to happen anyway.
Deficit spending has become heroin for voters and politicians alike.
We are now to the point where there is no way out without major pain. Nearly 10% of our current “GDP” is borrowed/printed money - and we've been doing that for more than four consecutive years.
Like a heroin addict either you stop and go through extreme withdrawal's or continue on and die. The last election was a vote to continue on. The majority believe they can continue on indefinitely with the spending high. Its only a matter of getting the right politicians to acquire their fix from the vilified 1%. They've bought the lie and no amount of truth will alter their view.
So the future is looking grim.
You’re right, which points out that GDP needs to be redefined to be a more accurate reflection of actual economic activity.
That’s just flat out wrong. The government takes FROM the economy. It can’t spend without taxing or borrowing. Cut the government spending, cut the taxes, cut the borrowing and watch the economy soar!
Third party is the only way. Cut spending, unwind the Fed, cut regulation, and defer all other issues (guns, marriage, abortion) to the states - and totally shun the media into irrelevancy.
Multiple election cycles would be needed to overcome the statists.
But for how many more years do we listen to conservative leaders say “change the party from within” as the GOP continues to fund moderates and add to the debt and regulatory burdens?
How about we start by arresting all of the ruling class and start trying them for treason?
Stop reading the rubbish on wikipedia.
I’m not an economist, but wouldnt a balanced budget just stop the deficit from getting bigger? The US still has a 16 trillion debt round its neck (and the attendent vast interest payments that go with it) so wouldnt you actually need a SURPLUS budget to begin to address that?
The first problem is that there are significant consequences to acting rashly. That's true with the Obama sequester, that's true with a brick-wall Balanced Budget Act. The biggest problem is we have a huge number of unemployed people; a brick-wall balanced budget amendment will just increase the number of out-of-work people significantly. The Gross Domestic Product will also sink in the short term, which can well throw us into a deeper Depression than we currently face, not to mention rivaling the Depression of the 20s and 30s.
So, Job One is to turn around the shrinkage in employment. We need more people gainfully working, contributing taxes, and not contributing to the drain on the public treasury. The best way to do this is to reduce the job-killing regulations foisted on us by the Executive Branch.
Does Obama really want to save the environment on the backs of the poor and unemployed? That's what he is doing. He can rail all he wants about "those bad, mean, rich people" but he owns the continuing unemployment trend -- it is his Administration that is making it difficult to do business in the United States. His regulations are driving up costs, driving down return on investment, and causing otherwise sensible people to look elsewhere for skilled labor. Like China.
Instead of proposing changes that would encourage people to "do the right thing", Obama is trying to use the point of a gun to achieve his goals of leveling the classes. I've mentioned previously how he could propose a change to the tax code to encourage employers to profit-share with the employees. I have also proposed tax code changes to do something about the income imbalance problem that doesn't increase the power of the government on its citizens. Obama doesn't like the idea of providing choice, and letting market forces determine what happens to people making those choices.
Once the economy start increasing the number of employed people, and reducing the number of unemployed and underemployed people, then you can start in on dismantling the unconstitutional programs the Federal government runs today. Those who can produce can then join the private sector, making goods and services that can be sold here, and more importantly exported to other countries to reduce the imbalance of our trade accounts. Those who cannot produce can move to State government and do the same things they do today, but at a more appropriate level.
Unfortunately, there is inertia in the economy. A gentle push over time is more effective than a cannon-ball strike to get things moving in the right direction.
You then start in on the indirect expenses of government. Simplification of the Code of Federal Regulations. Congress helps here by simplifying the US Code -- starting with Title 26, the Tax Code. Reduce the number of laws so that the GOOD laws stand out.
You don't like what I'm saying. Let me put it this way: the economy is not ready to soar the way you would like. Like an airplane, the economy can only climb so fast without causing a crash. Not only do we need to reduce the Federal payroll (including contractors) but we need to have the economy ready to absorb the workers displaced by such a reduction in force.
One of the forces hurting the economy is the lack of producers and the growth of bean-counters, especially bean-counters who are rewarded hugely for creating bubbles. Case in point: banks Too Big To Fail. That cost the taxpayers a very pretty penny...but nothing really has been done to prevent another bubble from bursting to the point that we have to fork over cash again.
We also have a lamentable lack of accountability. You may think that Elizabeth Warren is the spawn of the Devil, but I think she's right on when she asks the question, "how many Wall Street banks have you brought to trial for crimes?" Ours is a country based on law, not on men. At least that's what I was taught in eighth-grade Civic class. Yet here we have people making decisions that make or ruin lives, some of those decisions extra-legal, and yet they never see a day of prison time. The mortgage auto-signing: who went to jail for that fraud? The little woman at the bottom of the pyramid scheme. A "conspiracy of one". Right.
Bottom line, I'm all in favor of a balanced budget, including paying down our debt. I'm just not for going over the cliff to do it. Get people back on the private-sector payrolls before doing anything else. Get charity out of the hands of gun-pointing government and back in the hands of the people. Shift safety nets back to the States and Counties and Cities and towns, where the people have a better chance of tailoring the cushions to the needs of the less fortunate in their neighborhood.
A good, steady, march. It took us years and years to get here. The cure will take time, too. I agree, we have to start NOW.
The debt is a multi generational problem. All the current living can do is stop the bleeding. Inflation and future generations (who will rightfully despise us) will have to deal with it.
HOORAY Nextrush!
DEFUND socialist collectives, foreign and domestic. BIG GOVERNMENT IS CRONY SOCIALISM.
some...here...
http://www.usa.gov/directory/federal/index.shtml
DEPOPULATE socialists from the body politic.
some...here....
http://cpc.grijalva.house.gov/caucus-members/
“Socialism Is Legal Plunder” - Frederic Bastiat 1801-1850
So much more...here...
http://bastiat.org/en/the_law.html
“Everything about socialism is sham and affectation.” - 23.11 Ch23; Evil
So much more...here...
http://www.econlib.org/library/Bastiat/basHar.html
Some proof of a fraction of the damage caused by socialists...
CHASE freedom...(/sarcasm)
https://creditcards.chase.com/freedom/Default.aspx
It’s much easier to...
live - free - republic
Oh for sure - this isnt going to get fixed quickly, but at the same time, we have to start somewhere.
“instant mother of a recession bordering on a depression”.
You mean like, the last 5 years ???
Hey, I’m all for those things you mentioned but I feel a lot like Don Quixote here. Tilting at windmills (in some cases literally! see:wind power).
Its really the solution but the big political parties, big labor unions and big business crowd doesn’t want anything to do with it.
The financial markets are all in a tizzy tonight because the big parties of the “Left” and “Right” couldn’t win a majority in Italy.
They wanted one side of the other to shove austerity on the Italian people and not solve the country’s financial problem, just keep up the show that everything is OK financially.
The big labor unions and big business both told us what they were about with the bailouts received from Obama and W Bush.
Its all about keeping appearances up and keeping markets up while we slowly sink into the pit.
A real balanced budget will cause pain in the short term but begin a process of rejuvenating the economy.
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