National Deficit
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National Deficit
Resolved:
Federal tax revenues should immediately be increased to a level sufficient to cover expenditures and eliminate the deficit.
My arguement would be that by taking this step first, we as a people could then have an honest conversation about our values and what/where we need to make spending cuts.
(my inagural post)
Federal tax revenues should immediately be increased to a level sufficient to cover expenditures and eliminate the deficit.
My arguement would be that by taking this step first, we as a people could then have an honest conversation about our values and what/where we need to make spending cuts.
(my inagural post)

ericlawmd- Posts : 6
Join date : 2012-03-10
Re: National Deficit
I agree on raising them to eliminate the deficit, but I would disagree on covering expenditures, instead reducing the expenditures themselves.
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Christian
XianSmitherman- Posts : 71
Join date : 2012-03-04
Age : 27
Re: National Deficit
Hey Doc! Welcome! I guess I will say this before Joel has a chance to jump on you, but you might want to head over to the Introductions page and, well, introduce yourself! Also, take a look at the signature post as well....
Also, I am not totally sure I like the idea of giving the government even more money just to get started...they don't usually like lowering their expectations and budgets...at least based on my experience working for Them...yes I capitalized Them.
Also, I am not totally sure I like the idea of giving the government even more money just to get started...they don't usually like lowering their expectations and budgets...at least based on my experience working for Them...yes I capitalized Them.
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Jeremy
Jeremyshall- Posts : 102
Join date : 2012-03-02
Age : 42
Re: National Deficit
I don't like it either, bu two points: 1.) Entitlements are severely underpaid for what people receive out of them, so either everyone (not just rich people) needs to pay more, or the services provided by entitlements must be reduced. 2.) The Federal Debt is so extremely massive that the only way to bring it down will be to raise taxes on everyone. Just rich people alone or corporations can't cover the entire cost, so we have to suck it up and pull a Dave Ramsey to get this debt down. Ah, I almost just forgot, we need a balanced budget amendment.
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Christian
XianSmitherman- Posts : 71
Join date : 2012-03-04
Age : 27
drainey- Posts : 73
Join date : 2012-03-05
Re: National Deficit
I think this is somewhat the nature of the beast with a Constitutional Republic. The limited choices that is. I think the only real alternative that gives "the people" more of a direct say would be a form of government that looks closer to a direct democracy. <----- yuck!drainey wrote:There is a fascinating budget puzzle over at http://www.nytimes.com/interactive/2010/11/13/weekinreview/deficits-graphic.html
It's evenhanded and you can balance the budget, from whatever part of the political spectrum you are in. The problem is that the 80 to 120 million people who voted in the last two elections aren't allowed to do much more than choose from extremely limited choices given to them.
I believe there has to be a better way for the public to exert pressure on their representatives.
Checking out the link now. Ill let you know when Ive got all this budget mess worked out.
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Joel Kizzy
Re: National Deficit
To the OP: I think the same effect could be achieved by simply passing a balanced budget amendment and forcing cuts in spending.ericlawmd wrote:Resolved:
Federal tax revenues should immediately be increased to a level sufficient to cover expenditures and eliminate the deficit.
My arguement would be that by taking this step first, we as a people could then have an honest conversation about our values and what/where we need to make spending cuts.
(my inagural post)![]()
I do like the approach your taking on making the psychological impact. The argument being once people really start hurting we will have to talk about what to cut. Unfortunately we would collapse our economy in the process by practically doubling the tax burden (yes we spend almost twice as much as we take in). My counter proposal to reach said psychological effect is not to hurt people more to get them to realize how much we actually do pay in taxes but instead ban all tax withholding from paychecks. This is somewhat tongue in cheek, but if people had to actually write out a check or actually go online and make a tax payment as opposed to having it taken from their check there would likely be a tax revolt in our country.
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Joel Kizzy
Re: National Deficit
drainey wrote:There is a fascinating budget puzzle over at http://www.nytimes.com/interactive/2010/11/13/weekinreview/deficits-graphic.html
It's evenhanded and you can balance the budget, from whatever part of the political spectrum you are in. The problem is that the 80 to 120 million people who voted in the last two elections aren't allowed to do much more than choose from extremely limited choices given to them.
I believe there has to be a better way for the public to exert pressure on their representatives.
My solution to the deficit
http://www.nytimes.com/interactive/2010/11/13/weekinreview/deficits-graphic.html?choices=rs5ph011
(although this is an extremely cool tool it is a little limited in options, very fun though and it makes you think)
Last edited by JoelKizz on Thu Mar 15, 2012 7:26 pm; edited 1 time in total (Reason for editing : changed word debt to deficit)
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Joel Kizzy
Re: National Deficit
Welcome to the boards, btw!ericlawmd wrote:Resolved:
Federal tax revenues should immediately be increased to a level sufficient to cover expenditures and eliminate the deficit.
My arguement would be that by taking this step first, we as a people could then have an honest conversation about our values and what/where we need to make spending cuts.
(my inagural post)![]()
Oh and I found you a new pair of UNDERWEAR!
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Joel Kizzy
XianSmitherman- Posts : 71
Join date : 2012-03-04
Age : 27
Re: National Deficit
And I, you. Although I admit in this context the comment does confuse me.XianSmitherman wrote:Joel, I love you as a brother in Christ.
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Joel Kizzy
Re: National Deficit
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Last edited by drainey on Thu Mar 07, 2013 3:21 pm; edited 1 time in total
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Daniel
drainey- Posts : 73
Join date : 2012-03-05
Re: National Deficit
drainey wrote:Whoa, Whoa, Whoa, the bank tax? Everything is else is by the libertarian script. I though you would at least cut military spending.
Well yeah, I kinda had to work with the options presented. I didn't see choices like "Eliminate the Dept of Education".
As far as the bank tax, well lets just call it bail out insurance. If we could create a climate in which banks understood they were on their own and had no hopes of bail outs then this tax would be eliminated.
And I did make two military cuts.
1-Reduce noncombat military compensation and overhead
2-Reduce the number of troops in Iraq and Afghanistan to 30,000 by 2013
Now, lets see Mr. Rainey's solution!!
also, since you don't have an avatar yet how about the underwear pic I linked to ericlawmd for your selection.
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Joel Kizzy
Re: National Deficit
Last edited by drainey on Thu Mar 07, 2013 3:21 pm; edited 1 time in total
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Daniel
drainey- Posts : 73
Join date : 2012-03-05
XianSmitherman- Posts : 71
Join date : 2012-03-04
Age : 27
Jeremyshall- Posts : 102
Join date : 2012-03-02
Age : 42
Re: National Deficit
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Last edited by drainey on Thu Mar 07, 2013 3:21 pm; edited 1 time in total
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Daniel
drainey- Posts : 73
Join date : 2012-03-05
Re: National Deficit
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Last edited by drainey on Thu Mar 07, 2013 3:21 pm; edited 1 time in total
____________________
Daniel
drainey- Posts : 73
Join date : 2012-03-05

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