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%
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Thread: What's the best way to reduce the deficit?

  1. #51
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    TheLastIndependent's Avatar
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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.
    With all due respect, have you read the Communist Manifesto?
    "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

  2. #52
    Sage

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

    Quote Originally Posted by TheDemSocialist View Post
    If we enact protectionism China would suffer and bring all jobs back China would be begging back to us.



    Your policy would result in our stores increasing the price of the Chinese goods as they would be imported through Canada or Mexico.

  3. #53
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by TheDemSocialist View Post
    [...] 8.)Nationalize the banking industry
    Well, we need to do that just to keep them from destroying the monetary system (although with something like $500 trillion of derivatives floating around out there, as I read recently in an article on the LIBOR scandal, I suspect it is too far gone already).

  4. #54
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by TheDemSocialist View Post
    We will never know as long as we keep up this great policy that "helps American jobs" so well which is known as "free trade"


    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.

  5. #55
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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
    Hmmm, I'm liking the sound of that. After all, those are public resources, and I'm unsure why Exxon-Mobil should be allowed to use them to become the richest corporation on the planet (Exxon-Mobil, Chevron, and Conoco-Phillips have a combine gross revenue of $1 trillion annually). Private exploration, okay, I can see that, but it seems like the public is not the proper bang for its natural resource buck.

    Well, the public is getting banged, but in another context . . . . . .

  6. #56
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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.


    The issue is not one exclusively economical. I would be among the first to agree that the EPA has run amuck led by zealots who have lost touch with reality.

    However, the last time a river in the USA burst into flame was before the Nixon Resignation. I like rivers that don't burn.

  7. #57
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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.
    Competition makes cheap Chinese products that break the first time you use them.

    Competition makes your job go overseas to someone who will do it for 50 cents an hour while they live in squalor (no electricity, no sewer, no indoor plumbing).

    Competition makes it cheaper to hire an illegal alien to mow your lawn than the kid next door. In fact, competition makes the illegal aliens come here in the first place.

  8. #58
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by TheLastIndependent View Post
    With all due respect, have you read the Communist Manifesto?



    Busted! I have not. I should have related it directly to centrally controlled states that strangle creativity and allow the drive and ambition of the population to languish.

  9. #59
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by code1211 View Post
    Busted! I have not. I should have related it directly to centrally controlled states that strangle creativity and allow the drive and ambition of the population to languish.
    That probably would've been better

    In all seriousness, it does not propose many of the core components of Communism, it merely suggests the reasons. It's actually really interesting to read and makes a lot of sense (even though Communism could never work)
    "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

  10. #60
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    Re: What's the best way to reduce the deficit?

    Quote Originally Posted by Karl View Post
    Competition makes cheap Chinese products that break the first time you use them.

    Competition makes your job go overseas to someone who will do it for 50 cents an hour while they live in squalor (no electricity, no sewer, no indoor plumbing).

    Competition makes it cheaper to hire an illegal alien to mow your lawn than the kid next door. In fact, competition makes the illegal aliens come here in the first place.



    No. Competition makes a man run a mile in less the 4 minutes. It creates and/or brings to prominence a guy like Michael Phelps. It displaces a car like the Plymouth Fury III in favor of the Honda Accord.

    Without competition, the consumer is provided with a tunnel visioned result of a closed system. With Competition, the consumer is provided with the cooperative result of the best and the brightest vying to be the best.

    Competition is what has given us Microsoft and Apple, Ford and Toyota and Letterman and Leno.

    Competition is results where talent, work, inspiration and drive meet to address need.

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