Progressive Killer
- Joined
- Aug 28, 2007
- Messages
- 4,067
The talk about things like Social Security and other programs being destined for massive cuts in recent years has been drivn by the hard reality that America is surviving on Credit. Right now America owes over 13 trillion dollars and it is getting worse every day as we spend money we do not have.
Consider it more simply:
You make $5,000 a month but you have monthly bills that amount to $6,000 a month. You are unwilling to make painful cuts and start filling the gap with credit cards. Each month you add $1,000 to a credit card and end up reaching your limit and getting a new card. Now you are adding that same $1,000 to the new cards but also making the minimum payments on the other cards with this card so it fills up faster, and each time you get a new card you have another card at maximum that needs a minimum payment. Eventually you need to get two new cards, one to add your monthly living expenses and the other just to make your monthly payments on the other cards and you are still losing ground because not only do you have the $1,000 monthly shortage, but now you have interest adding up on the many credit cards.
This is what our Government is doing on a massive scale. We can't pay our bills so we are making it on credit but the hole we are in has no way out of it without massive cuts in spending by our Government or massive tax increses on an already severely taxed populace. Already services that used to be all inclusive on property taxes (like garbage and school taxes) are now being broke out of the base taxes and are their own seperate tax. In most casesd residents are taxed ten times more now than they ever were just 20 years ago but they hide the tax with different code words like "fee" or "permit", but no matter how they word it, the Government is still taking the money from you with hundreds of little charges that used to be all inclusive on just your property taxes.
Democrats and liberal Republicans have spent a lot of time trying to milk the "rich" as much as possible but it has had the effect of running off jobs to other Countries and not only did we lose the tax revenue, we now have to help support those people who are out of work.
***************************
So what should we do?
My opinion:
Our biggest need is to get everyone working. We need to bring jobs back to America and that will require us to eliminate the job killing Unions and massive Government regulations that make it impossible to turn a profit in certain businesses in America. This should include tax breaks for anyone who employ over 100 people in the private sector that does not take any Government funding.
All Government jobs should be cut no less than 20% like the British are doing.
All Government agencies should be severely reduced or eliminated completely. Take the IRS for example, we should enact the 'fair tax' proposal and this will save America hundreds of billions of dollars every year while at the same time provide more tax revenue to the Government to pay down our debts.
I have other ideas as well but I would like to see if you guys have any ideas on how to cut Government spending. Remember, this is all in the knowledge that we are already out of money, we have to make big changes.
Consider it more simply:
You make $5,000 a month but you have monthly bills that amount to $6,000 a month. You are unwilling to make painful cuts and start filling the gap with credit cards. Each month you add $1,000 to a credit card and end up reaching your limit and getting a new card. Now you are adding that same $1,000 to the new cards but also making the minimum payments on the other cards with this card so it fills up faster, and each time you get a new card you have another card at maximum that needs a minimum payment. Eventually you need to get two new cards, one to add your monthly living expenses and the other just to make your monthly payments on the other cards and you are still losing ground because not only do you have the $1,000 monthly shortage, but now you have interest adding up on the many credit cards.
This is what our Government is doing on a massive scale. We can't pay our bills so we are making it on credit but the hole we are in has no way out of it without massive cuts in spending by our Government or massive tax increses on an already severely taxed populace. Already services that used to be all inclusive on property taxes (like garbage and school taxes) are now being broke out of the base taxes and are their own seperate tax. In most casesd residents are taxed ten times more now than they ever were just 20 years ago but they hide the tax with different code words like "fee" or "permit", but no matter how they word it, the Government is still taking the money from you with hundreds of little charges that used to be all inclusive on just your property taxes.
Democrats and liberal Republicans have spent a lot of time trying to milk the "rich" as much as possible but it has had the effect of running off jobs to other Countries and not only did we lose the tax revenue, we now have to help support those people who are out of work.
***************************
So what should we do?
My opinion:
Our biggest need is to get everyone working. We need to bring jobs back to America and that will require us to eliminate the job killing Unions and massive Government regulations that make it impossible to turn a profit in certain businesses in America. This should include tax breaks for anyone who employ over 100 people in the private sector that does not take any Government funding.
All Government jobs should be cut no less than 20% like the British are doing.
All Government agencies should be severely reduced or eliminated completely. Take the IRS for example, we should enact the 'fair tax' proposal and this will save America hundreds of billions of dollars every year while at the same time provide more tax revenue to the Government to pay down our debts.
I have other ideas as well but I would like to see if you guys have any ideas on how to cut Government spending. Remember, this is all in the knowledge that we are already out of money, we have to make big changes.
