View Poll Results: What is (are) the best way(s) to eliminate the deficit?

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  • A balanced budget amendment

    24 24.74%
  • A line item veto amenndment

    17 17.53%
  • replace income tx with a national retail sales tax

    10 10.31%
  • Raise taxes on the rich

    40 41.24%
  • Raise taxes on the middle-class

    7 7.22%
  • Raise taxes stealthily in the form of fees, a federal lottery, etc.

    4 4.12%
  • Nationalize oil and natural gas on federal land and get into the enegry business like Saudi Arabia

    11 11.34%
  • Cut federal spending

    66 68.04%
  • Sell services to prizate industry at a profit, privatize then tax them

    4 4.12%
  • other

    26 26.80%
Multiple Choice Poll.
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Thread: What's the best way to reduce the deficit?

  1. #151
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by cpwill View Post
    Do you know what the word "unsustainable" means?
    Yes. It means a fanatic is talking

  2. #152
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by cpwill View Post
    ...actually, your chart shows that corporate revenues were pretty much comparatively flat throughout the entire time that individual incomes fluctuated significantly, again, agreeably, with the exception of the 2004-2008/09 period.
    Indeed it does, which destroys your earlier point.

    Quote Originally Posted by code1211, earlier View Post
    The point is that tax revenues increased so dramatically because the business base was so stoked. After 1/1/00, the bottom fell out of the boom economy and the tax revenues immediately started to fall.

    Before you go wild and find that the revenues of 2000 were good, recall that the revenues received in 2000 were generated by activities in 1999.

  3. #153
    Gradualist

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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by code1211 View Post
    As your screen name would indicate, you have proposed a remedy that could have come directly from the Communist manifesto.

    No....... Not even close...


  4. #154
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by code1211 View Post
    Competition makes things better. Competition in the marketplace increases the value of products and the range of products available.

    Your system implemented in the 50's would result in our country today driving Edsels designed by folks using slide rules.
    Promoting a fair trade, protectionist policy, does not get rid of "competition"


  5. #155
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by Ikari View Post
    Stop all our wars and kill all our old people.
    That would only work in the long term. For an immediate solution, substitute rich people for old people in your formula

  6. #156
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by Daktoria View Post
    When you have a divet, fill it with dirt.

    That's what grandpa always said.
    Grandpa was a wise man.

  7. #157
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    Re: What's the best way to reduce the deficit?

    Other, the only way we have significantly reduced the deficit in the last 3 decades was to both cut excessive spending on the military and eliminate tax breaks for the wealthy, especially to those who offshore American jobs.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  8. #158
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by Karl View Post
    Yes. It means a fanatic is talking
    You mean fanatics like the CBO? Or the IMF? Perhaps you mean someone like Ben Bernanke? Or Crazy Conservative Fanatics like Barack Obama and Bill Clinton?



    The notion that we can ignore the slowest-moving, most obviously coming Fiscal Train Wreck In History and just keep on hiking up spending strikes me as the notion perhaps more congruent with the descriptor of "fanatical".
    Last edited by cpwill; 07-17-12 at 05:25 AM.

  9. #159
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by TheDemSocialist View Post
    Promoting a fair trade, protectionist policy, does not get rid of "competition"
    No, it just reduces it, thus reducing growth.
    Last edited by cpwill; 07-17-12 at 05:39 AM.

  10. #160
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by cpwill View Post
    You mean fanatics like the CBO? Or the IMF? Perhaps you mean someone like Ben Bernanke? Or Crazy Conservative Fanatics like Barack Obama and Bill Clinton?



    The notion that we can ignore the slowest-moving, most obviously coming Fiscal Train Wreck In History and just keep on hiking up spending strikes me as the notion perhaps more congruent with the descriptor of "fanatical".

    Or anyone that doesnt say exactly what CPWILL wants to hear...lol

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