Quote:
Originally Posted by onwebcam
Abolish the Federal Reserve and cancel/suspend the debt which then cancels the interest which then lowers the deficit.. Tax dollars actually go to fund government rather than interest on debt created via a printer.
Your economics class taught you to continue on to pay the men behind the curtain. Not that Congress can create debt free dollars on their own rather than borrowing them and paying interest on said borrowing/printing.
|
You suggest some pretty extreme solutions that are beyond what is possible in the short term, even though they may work.
It's similar to having your car run out of gas by the side of the road and you suggest converting your engine to run on tap water to solve the problem. It may solve your problem in the long term, but in the short term you have to work within the system and find some gasoline.
I would agree the system is broken for the most part, but we can do certain things to make it work.
Quote:
Originally Posted by theking
The deficit can never be paid down without reducing expenditures...and up to this point in time both parties have increased expenditures when they are in office.
|
True. The biggest drains though were the two wars and the tax cuts. Actually, the tax cuts cost more than the wars. So if we can get these wars wrapped up and stop the tax cuts, we'll be well on our way to getting the ship on the right course. It won't fix everything, but it will make a difference.
For the record, I'm a liberal on most issues but I don't hate conservatives and in fact believe that conservative viewpoints are needed to make this country succeed. But the Republican party has been totally hijacked by the far right, the party is out of control and it's dragging us all down with it. If anyone out there is a conservative, you need to get your party under control so we can all get back to business.