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. #41
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by TheLastIndependent View Post
    Free trade is killing our jobs market I can agree with that.
    Well we agreee on some things!


  2. #42
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by TheDemSocialist View Post
    Well we agreee on some things!
    I've agreed with quite a few of your posts. I just think that history will prove to be right in terms of protectionism
    "The trust of the innocent is the liar's most useful tool." : Stephen King

    "Commerce with all nations, alliance with none, should be our motto." Thomas Jefferson

  3. #43
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by TheLastIndependent View Post
    I've agreed with quite a few of your posts. I just think that history will prove to be right in terms of protectionism
    We have two choices:

    1. Enact tariffs against items imported from China.

    2. Modify our environmental and labor laws so they are similar to those in China.

    Any economist with half a brain could immediately tell you that option 2 is the right decision.

  4. #44
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by johnny_rebson View Post
    We have two choices:

    1. Enact tariffs against items imported from China.

    2. Modify our environmental and labor laws so they are similar to those in China.

    Any economist with half a brain could immediately tell you that option 2 is the right decision.
    Any person that likes their lungs will stray away from option 2. Did you watch the Beijing Olympics? The smog was so thick that you can't see through it. I would rather pay more for my goods if I have clean air to breathe
    "The trust of the innocent is the liar's most useful tool." : Stephen King

    "Commerce with all nations, alliance with none, should be our motto." Thomas Jefferson

  5. #45
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by Helix View Post
    i support a combination strategy :

    first : let the tax cuts expire for the top tier. i would also support bringing the middle class rates back to 1990s levels after the economy is solidly recovering.

    second : when the economy begins to recover, we incrementally reduce spending in targeted areas. my preference is that we drastically reduce our military presence globally. our role in the world should be a humanitarian one. military interventionism should be replaced by coordinated food and health care relief for the developing world. we'll inspire a lot more people to embrace democracy if we come with food and American culture than if we come with bombs. the reason is that people are most inspired to action by seeing that others have it better than they do. it's my opinion that this was a big factor in the collapse of the Soviet Union. they saw blue jeans and rock and roll that they couldn't have. if we had invaded and forced democracy, it would have united the population against us.

    third : we need to decide what our global product is going to be. my vote is for energy innovation, because that's something that everyone is going to need when oil runs out. but as a nation, we have to make something. consumption can't be our main national product anymore. i would fund this innovation both publicly and privately.


    other :

    we need a massive infrastructure rebuilding project that rivals the 1930s programs. this should include upgrades to the power grid. this could put many to work who are now idle and struggling.


    I think that your heart is in the right place, but you have prescribed a litany of government control that would ultimately strangle and innovation and creativity in favor of strict central control.

    This would make our bad situation worse.

  6. #46
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by DaveFagan View Post
    I agaree with all of these. As regards energy, we need to develop off-the-grid technologies and implement them on a National scale. I'm a Green and wind, solar thermal, solar PV, methane, local generation instead of Centralized Distribution of Energy. Local to include internal combustion generators with heat recovery of the exhaust heat (75% of the energy) and implementation of these local utilities makes local jobs and benefits local economies. That is a real key because we need a National agenda to stimulate employment and a new industry does just that. Not so good for the large Energy Corporations so they prevent any legislation that could establish footholds in these industries. That's the short story.

    Economically, the best energy is the least expensive energy. Are you suggesting discarding the cheapest energy production and most prevalent availability of cheap energy in the history of civilization in favor of a system that is untested, untried and undeveloped for the purpose of being stylish?

  7. #47
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by Medusa View Post
    Nationalize oil and natural gas on federal land and get into the enegry business like Saudi Arabia or A balanced budget amendment



    Nationalized industry works best when there is a dictatorial monarchy. Like Saudi Arabia.

  8. #48
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by Paschendale View Post
    Quit with the tax cuts for the rich people and the immensely wealthy corporations, and stop spending so much money on making war. Then invest in infrastructure and education so that more people will be qualified for more jobs. Stop allowing corporations to ship jobs overseas (by taxing them heavily for doing so) and then we can put people into those jobs, they can earn money, and use fewer benefits and pay more in taxes. Duh.


    Most of the spending that is done by the lying cheats in Washington is done because there is too much money there. Reduce the power of the Feds and return much of that power to the states where it was intended to be and the corruption of the folks in DC will be reduced abruptly. Constructing an elaborate and unenforceable web of laws to be circumvented will not work as well as just taking away the money.

    If you want the boat to stop sinking, you can work hard at bailing it out or just stop the leaks.

    If the power is returned to the states, most of the corruption will be centered in states of higher population and tax revenue, and probably debt, but for states with people who care to stop the bleeding, there will be surpluses. Eventually, the states with the higher debts will try to find out why they are broke and their neighbors are not.

  9. #49
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    Re: What's the best way to reduce the deficit?

    It's interesting that the OP didn't include an option to make every single American pay income taxes.

    Why should the minimum wage crowd get away without paying income taxes?

  10. #50
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by TheDemSocialist View Post
    Steps i would take:
    1.)Raise taxes on the rich and partake in a strong progressive taxation scheme.
    2.)Close all tax loopholes
    3.)Protectionism and fair trade
    4.)Cut unnecessary spending, this includes our massive amount of defense spending
    5.)Start to close bases over seas and bring troops home
    6.)Nationalize the oil and natural gas industries
    7.)End NAFTA/get out of NAFTA
    8.)Nationalize the banking industry


    As your screen name would indicate, you have proposed a remedy that could have come directly from the Communist manifesto.

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