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

Voters
97. You may not vote on this poll
  • 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. #161
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by Smeagol View Post
    What do you think are the best ways to eliminate the deficit?
    I voted "Other."

    Reduce tax rates across the board so that those who pay taxes pay lower rates, but also eliminate tax exemptions so that there is a larger number of those who must pay those taxes.

    It'll never happen, though, because individual Representatives and Senators would rather get the individual contributions from lobbyists and pass those tax exemptions than do the right thing for the country.
    Last edited by samsmart; 07-17-12 at 05:41 AM.
    Also, we need to legalize recreational drugs and prostitution.

  2. #162
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    Re: What's the best way to reduce the deficit?

    ...you realize that's pretty much the Ryan Plan's approach to taxation?

  3. #163
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by lpast View Post
    Or anyone that doesnt say exactly what CPWILL wants to hear...lol
    do you think Bill Clinton is a right-wing fanatic?

  4. #164
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by cpwill View Post
    ...you realize that's pretty much the Ryan Plan's approach to taxation?
    Except he wants to make deep cuts to social programs but not to defense spending.
    Also, we need to legalize recreational drugs and prostitution.

  5. #165
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by cpwill View Post
    ...you realize that's pretty much the Ryan Plan's approach to taxation?
    Sounds more like the simpson bowles plan to me.

  6. #166
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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".
    No, fanatical is posting links to support one's fanatical claims while ignoring what the link actually says. For example, from your IMF link:

    The IMF said the plan should include spending cuts, entitlement reform - a reference to the long-term burden of promised health and retirement benefits to seniors - as well as revenue increases.
    Now we all well know that the Tea Party fanatics, which now includes GOP leadership (both Boehner and McConnell signed the Norquist pledge), refuse to acknowledge that "revenue increases" are words that even co-exist in this galaxy, much less implement them. Just like the fanatical right wing argument, which you and others present here, that the only way to reduce the deficit is to cut spending; raising taxes is not only not an option, it simply does not exist. Weird.

    Further, the repeated dodge of GOP God Grover Norquist does your group little good when you use, as part of your argument, sources that say taxes somewhere somehow must be raised -- such as the IMF did in the quote above, and Clinton did in his linked comments (he even advocated a VAT, while noting that when the economy improves that alone will wipe out about half the current annual deficit, a fact always ignored by the fanatical cut spending and taxes crowd).

    Lastly, Obama has cut spending, which you would have seen if you had simply read the posts in the thread -- in particular, post #119 (chart of federal spending per household). Under Bush, from FY2001-FY2009 the inflation adjusted budget increased from $2.0 trillion to $3.2 trillion, and he was hiding a lot of stuff off budget -- an increase of over 50% in spending during the Bush administration. Somehow I missed the right wing outcry. In comparison, since that $3.2 trillion peak in FY2009, under Obama spending has gone down to $3.1 trillion in both FY2010 and FY2011. You're blaming the wrong guy . . . . . . .

    Spending figures: Historical Federal Receipt and Outlay Summary (middle column, "Constant FY2005 Dollars")

  7. #167
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by cpwill View Post
    do you think Bill Clinton is a right-wing fanatic?
    Bill Clinton doesn't agree with you. That you think he does says something. . . . . . .

    From cpwill's earlier Clinton link:

    Now, that portion of the deficit annually attributable to the stimulus will go away when normal economic growth returns. About half of the annual deficit will go away. The rest of it is embedded again.

    And since upper-incomes people's relevant tax burden was raised to help pay for health care, it's unrealistic to think that we can basically solve this whole thing from cutting spending and just raise an upper-income taxes. We're going to have to have more growth. I think we're going to have to have more taxpayers, which is why I favor, in a disciplined way, a immigration reform and letting more immigrants come to the country. I think it would make more jobs for people who are unemployed, not fewer. We're going to have to look at different tax systems that are not easily evadable, and that make us more competitive.

    I think they ought to look at a progressive value-added tax, just because--and I think it's important the American people understand this--most of our competitors have tax systems like this.

    CNBC News Headlines
    Do you agree with 10%, 50%, or 90% of that?

  8. #168
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by Karl View Post
    I suspected that chart may have been too complicated. Oh well -- pictures are as simple as I can make it


    You would expect spending to remain at 2000 levels? Why in the world would you expect that?

    Let's say you have a livestock farm. Over the course of 12 years, your livestock grows and multiplies. Also over the course of that 12 years, your feedgrass grows to replenish itself, but you also have to plant more feedgrass to keep pace with the increased births of livestock. You also need increased barn and corral space, which costs money.

    Around year 8, your area experiences a severe drought. Feedgrass dies. Your livestock looses weight, has fewer births, and you even have a few deaths -- therefore your income is reduced, complicating the feedgrass problem... you can't afford to buy as much new feedgrass acreage as you did in the past. Do you:

    a) figure that you have slightly more feedgrass now than you did in 2000, despite the size of your operation increasing by some 25%, and blame the situation on your livestock multiplying?

    b) slaughter some of your livestock, at a loss, to reduce feedgrass consumption (spending) to available supply?

    c) borrow some money to buy additional feedgrass to keep your livestock alive until the drought passes and feedgrass growth returns to normal?
    b) SLAUGHTER them till you are profitable again. You have no idea how long the drought is going to last. Otherwise not only are you putting yourself in debt now, It will be harder to recover after the drought.
    From the ashes.

  9. #169
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by Phoenix View Post
    b) SLAUGHTER them till you are profitable again. You have no idea how long the drought is going to last. Otherwise not only are you putting yourself in debt now, It will be harder to recover after the drought.
    That was the expected response. Well done

  10. #170
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    Re: What's the best way to reduce the deficit?

    First and foremost, in order to reduce the deficit, Remove Obama from office and don't elect Democrats and other entitlement mongers.

    Disband and eliminate Welfare and Medicaid. Welfare can be replaced with work farms and labor camps for public projects with the system being designed to be self suficient or near it. Medicaid can be replaced with a system of free clinics, staffed by federal/state employees and then allow all other medical systems to deny care to the un-insured (except in the case of imminent death). Yes, the initial building of those clinics may cost more than current Medicaid for a year, maybe two, but then again, maybe not as a bunch of those welfare kings and queens can be put to work doing the construction.

    Do away with unnecessary federal agencies such as HUD and BATF.

    Combine all federal law enforcement under one agency with a single management structure.

    Reduce or totally eliminate redundant and unnecessary management levels and positions in all federal agencies.

    Replace the EPA with an agency that balances business/economic factors with real enviromental science (not the sudo science advocated by current enviromentalist).

    Remove congress from the Defence aquisition process. Congress should allocate funds for research, developement and aquisition then have no further say except maybe some oversight to ensure proper spending habits. The military should also change from contractors to building what it needs itself. Greatly reduce the Officer corps of the services to a ratio similar to WWII levels, this would include authorizing the Air Force to have warrant officers as pilots instead of commissioned officers, with only commissioned officers in command positions. Mandate that the Navy also move all of it's pilots slots, except command postitions to warrant officers. The Army already pretty much does this with it's helicoptors.

    Replace all construction at the federal level and state levels to direct hire of employees to meet needs instead of contracting it out.

    Replace Medicare with a privitized insurance policy provided by the government, similar, but hopefully better than the Tri-care system provided to service members.

    Replace VA medical centers with privatized insurance policies also, this should not only reduce cost of maintaining facilities, but veterans would actually receive better care. A zero deductible/copay policy could be provided for those with high levels of disability.

    Remove all but the original Social Security(SS) benefits from the SS funds. If it is a needed item, fund it elsewhere.

    Convert all jail and prison systems to self sufficient labor camps and work on public projects. Institute a chemical interrogation process to remove potential innocents from facing the death penalty and then reduce levels of appeals and costly requirements in capital cases. Expand capital punishment to include the offences of all pre-meditated murder, murder when committing another felony, 2nd offence of rape and child molestation and the distribution of drugs to minors or tainted drugs that cause death in others.

    Reform the education system and remove unnecessary levels of oversight and management. Struture it to meet the needs of the children, even if some programs get more funding than others and mandate a reasonable ratio of administrators to teachers.

    End federal backing of student loans for useless degree programs and focus it only on employable degrees.

    Do not fund any organization or medical company that performs abortions other than those necessary to save the life of the mother.

    Do away with funding of public broadcasting and the arts.

    Cancel all funding related to the enforcement and monitoring of Affirmitive Action.

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