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Col Hogan wrote:We have a spending problem...and a tax system that gives away almost as much as it collects...

native wrote:These figures wouldn't work in my budget! How about yours?

U.S. Tax revenue: $2,170,000,000,000
Fed budget: $3,820,000,000,000
New debt: $1,650,000,000,000
National debt: $14,271,000,000,000
Recent budget cut: $38,500,000,000

Now remove 8 zeros and pretend it is a household budget:

Annual family income: $21,700
Money the family spent: $38,200
New debt on the credit card: $16,500
Outstanding balance on the credit card: $142,710
Total budget cuts: $385

Ivytalk wrote:
...And the rent's too goddam high!

native wrote:These figures wouldn't work in my budget! How about yours?

U.S. Tax revenue: $2,170,000,000,000
Fed budget: $3,820,000,000,000
New debt: $1,650,000,000,000
National debt: $14,271,000,000,000
Recent budget cut: $38,500,000,000

Now remove 8 zeros and pretend it is a household budget:

Annual family income: $21,700
Money the family spent: $38,200
New debt on the credit card: $16,500
Outstanding balance on the credit card: $142,710
Total budget cuts: $385

Ibanez wrote:... Other than stating the obvious, putting the numbers into perspective really shows how **** we got ourselves. What would your advice be. Use numbers. Besides stating the obvious, what are the DRASTIC changes that need to occur?

native wrote:

Ibanez wrote:... Other than stating the obvious, putting the numbers into perspective really shows how **** we got ourselves. What would your advice be. Use numbers. Besides stating the obvious, what are the DRASTIC changes that need to occur?

Although my post is apparently "obvious" to only a minority of voters, your question is valid, Ibanez.

native wrote:

Ibanez wrote:... Other than stating the obvious, putting the numbers into perspective really shows how **** we got ourselves. What would your advice be. Use numbers. Besides stating the obvious, what are the DRASTIC changes that need to occur?

Although my post is apparently "obvious" to only a minority of voters, your question is valid, Ibanez.

native wrote:

native wrote:
Although my post is apparently "obvious" to only a minority of voters, your question is valid, Ibanez.

I do not have the numbers yet, Ibanez, but here are the policies that will get us to the numbers:
1. Freeze all new federal hiring
2. 10% reduction in federal spending across the board, except DoD, which has already taken cuts
3. Tax reform with lower tax rates but fewer deductions and NO industry-specific sweetheart loopholes
4. Elimination of unearned public benefits
5. Reform of Social Security to ensure that benefits are paid to those who paid IN, and that pay-outs do not exceed pay-ins.
6. Reform of Medicare to ensure that to ensure that benefits are paid to those who paid IN, and that pay-outs do not exceed pay-ins, in addition to many, many other reforms.
7. National right-to-work law
8. Elimination of ALL public employee unions
9. Immediate enforcement of IP laws on China
10. Immediate opening of all US carbon resources on shore and off shore to drilling

native wrote:

native wrote:
Although my post is apparently "obvious" to only a minority of voters, your question is valid, Ibanez.

I do not have the numbers yet, Ibanez, but here are the policies that will get us to the numbers:
1. Freeze all new federal hiring
2. 10% reduction in federal spending across the board, except DoD, which has already taken cuts
3. Tax reform with lower tax rates but fewer deductions and NO industry-specific sweetheart loopholes
4. Elimination of unearned public benefits
5. Reform of Social Security to ensure that benefits are paid to those who paid IN, and that pay-outs do not exceed pay-ins.
6. Reform of Medicare to ensure that to ensure that benefits are paid to those who paid IN, and that pay-outs do not exceed pay-ins, in addition to many, many other reforms.
7. National right-to-work law
8. Elimination of ALL public employee unions
9. Immediate enforcement of IP laws on China
10. Immediate opening of all US carbon resources on shore and off shore to drilling

Ibanez wrote:

native wrote:
I do not have the numbers yet, Ibanez, but here are the policies that will get us to the numbers:
1. Freeze all new federal hiring
2. 10% reduction in federal spending across the board, except DoD, which has already taken cuts
3. Tax reform with lower tax rates but fewer deductions and NO industry-specific sweetheart loopholes
4. Elimination of unearned public benefits
5. Reform of Social Security to ensure that benefits are paid to those who paid IN, and that pay-outs do not exceed pay-ins.
6. Reform of Medicare to ensure that to ensure that benefits are paid to those who paid IN, and that pay-outs do not exceed pay-ins, in addition to many, many other reforms.
7. National right-to-work law
8. Elimination of ALL public employee unions
9. Immediate enforcement of IP laws on China
10. Immediate opening of all US carbon resources on shore and off shore to drilling

Good start, very bold. Boldness is what is needed. A politician that is willing to IGNORE THE PARTY LINES and do what is necessary. Sacrifices are necessary. We will have to struggle, sacrifices will have to be made. It won't be easy, but easy is what got us into our current problem.

native wrote:RISING EMPLOYMENT and a GROWING ECONOMY is what will successfully fill tax coffers, NOT HIGHER AND MORE TAXES!

Ibanez wrote:

native wrote:RISING EMPLOYMENT and a GROWING ECONOMY is what will successfully fill tax coffers, NOT HIGHER AND MORE TAXES!

No ****. Guess what? Ice is cold, fire is hot. Instead of giving some Party base rallying call, what is your solution? A complete overhaul of our tax code, entitlement spending, foreign aid, need to occur (in addition to a host of other things). But it won't happen because all those **** in Washington care about getting re-elected. They aren't concerend with with welfare of you and I.

native wrote:

Ibanez wrote:
No ****. Guess what? Ice is cold, fire is hot. Instead of giving some Party base rallying call, what is your solution? A complete overhaul of our tax code, entitlement spending, foreign aid, need to occur (in addition to a host of other things). But it won't happen because all those **** in Washington care about getting re-elected. They aren't concerend with with welfare of you and I.

It is important to repeat the obvious truths, Ibanez, because there are a significant number of voters and posters on this board cannot seem to grasp the concept.

blueballs wrote:Spending and borrowing are too high and the income tax system needs to be replaced with the Fair Tax.

The budget should always balance and the only time borrowing should be considered is in times of genuine national emergency (like Hurricane Katrina) or in a legitimate war declared by congress. Also, no raiding social security- keep it as a true trust fund as it was designed....

... and yes, the rent is too damn high!!!!!

Ibanez wrote:...
But when do words become actions? You are right, there are many on this board that fail to grasp the concept.

Good thread, btw. I removed my statement in the middle b/c I get you and some other poster confused.

native wrote:

Ibanez wrote:
Good start, very bold. Boldness is what is needed. A politician that is willing to IGNORE THE PARTY LINES and do what is necessary. Sacrifices are necessary. We will have to struggle, sacrifices will have to be made. It won't be easy, but easy is what got us into our current problem.

...and:

11. The immediate tough, nationwide enforcement of labor laws and imposition of stiff penalties to discourage hiring illegal aliens, and draconian tax investigations of illegal enterprises which have avoided taxes by hiring illegals off the books. THIS step will gore the sacred cows on both the left and the right, but should cause a bump in employment.



12. Nationwide TORT REFORM to mirror the highly successful tort reform implemented in Texas, which has been one of the most important factors in making Texas the most successful generator of new private sector jobs for the past decade.

native wrote:The only people for whom taxes are too low are Obummer's buddies like GE CEO Jeff Imelt, GM CEO Dan Akerson, every Democrat car dealer whose dealership was saved from the government knife because they donated to Democrats, and all the other "crony capitalists" who have been specifically bought off with political favors from the White House.

kalm wrote:

native wrote:The only people for whom taxes are too low are Obummer's buddies like GE CEO Jeff Imelt, GM CEO Dan Akerson, every Democrat car dealer whose dealership was saved from the government knife because they donated to Democrats, and all the other "crony capitalists" who have been specifically bought off with political favors from the White House.

So crony capitalism began in 2009 and Wall Street was dragged kicking and screaming by F&F and their minority party henchman into the derivatives market?

Other than stating the obvious, putting the numbers into perspective really shows how **** we got ourselves. What would your advice be. Use numbers. Besides stating the obvious, what are the DRASTIC changes that need to occur?