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. #1
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    Smeagol's Avatar
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    What's the best way to reduce the deficit?

    I would support the Tea Party a lot more if they pushed for a constitutional amendment for replacing the income tax with a national retail sales tax and giving the POTUS the line item veto as opposed to their drive for a balanced budget amendment.

    What do you think are the best ways to eliminate the deficit?

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

    Quote Originally Posted by Smeagol View Post
    I would support the Tea Party a lot more if they pushed for a constitutional amendment for replacing the income tax with a national retail sales tax and giving the POTUS the line item veto as opposed to their drive for a balanced budget amendment.

    What do you think are the best ways to eliminate the deficit?
    The best way to put an end to all this is for the people of this country to apply enough pressure to the ones holding up the show that they stop doin' it.
    “The people do no want virtue; but they are the dupes of pretended patriots” : Elbridge Gerry of Mass; Constitutional Convention 1787

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

    Well, there are only two ways: increase revenue to match shortfalls, or reduce expenditures to match shortfalls.

    Cutting spending is the direction we need to go in.

    Revenues will not rise until the economy is healthy again, and the economy will not be healthy again until the deficits are shrunken and the debt is being eliminated. It is best we get this process over with as quickly as possible, despite the protests of the "demand-siders".
    "I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money." -Thomas Sowell

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

    Stop graduating adult children and actually demand that people behave maturely once adults.

    That way, demand for social services goes down since people don't need them anymore.

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

    1. Remove all federal redundancies (jobs, departments, services, etc).
    2. Evaluate and eliminate non-essential employees.
    3. Sell off or rent out government-owned buildings that have been empty for more than 1 year.
    4. Decrease congressional salaries to the U.S. median wage, same with the senate.
    5. Put a cap on the number of passengers/number of trips any elected representative (except POTUS) can take. Encourage "carpooling" for congressional reps from the same states.
    6. Require contribution to pensions and health benefits for existing representatives.
    7. Create pension disbursement caps based upon the length of elected service (i.e. 6 years = 6 year pension, etc).
    8. Scrap welfare and replace it with a work-study program that ties a "package" of benefits into the recipient's participation in training for in-demand fields. Ensure that said fields will provide adequate income to meet the recipient's basic needs upon completion of training and acquisition of employment.
    9. Tell the UN to suck off and discontinue our outlandish contributions to it's budget.

    After we institute those changes we can address general percentage-based cuts to ALL departments of the fed, with audits done to determine how cuts should be applied (no more "we'll have to cut soldier pay! we'll have to fire teachers!" fear mongering).

    And after those changes and the cuts have been implemented we can discuss a new taxation system that ensures all citizens not on some form of "welfare" are contributing tax money to fed operations. Remove subsidies for failed investments (i.e. corn ethanol). Remove subsidies from industries that make more than 30% profit post-tax. Encourage the development of new business ventures through incentives so that more revenue is produced in the long run through corporate taxes. Stop focusing on manufacturing as a source of jobs and corporate taxation, 'cause it ain't coming back unless and until the rest of the world catches up to us in wages and COB.

    ...just to start.
    "Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton


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

    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.

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

    Raise social security retirement age and implement means based testing.
    Stop wasting medicare money on useless end of life procedures.
    Raise capital gains rates and re-instate the estate tax.
    Limit the total number of federal tax credits and deductions
    Eliminate bad defense programs, starting with the LCS project.

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

    Quote Originally Posted by rathi View Post
    Raise social security retirement age and implement means based testing.
    Stop wasting medicare money on useless end of life procedures.
    Raise capital gains rates and re-instate the estate tax.
    Limit the total number of federal tax credits and deductions
    Eliminate bad defense programs, starting with the LCS project.
    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.

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

    Nationalize oil and natural gas on federal land and get into the enegry business like Saudi Arabia or A balanced budget amendment
    "Sovereignty is not given, it is taken." ATATÜRK

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

    When you have a divet, fill it with dirt.

    That's what grandpa always said.

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