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[Politics] Topic: Taxes and Economic Theory |
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wallstreetcappers |
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#26 Posted: 3/9/2012 12:52:55 PM
This goes for ALL politicians, including our favored ones.
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KOAJ |
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#27 Posted: 3/9/2012 4:39:07 PM QUOTE Originally Posted by Mikael99:
Well lets look back at the golden Clinton years. Taxes was way higher back then, but the fiscal house was in order.
when you take money from Social Security and pay the public debts down its easy to fool most people
however intergovernmental holdings and debts flew during the 90s. slick willie was quite slick and newt signed off on it all
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MVP
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#28 Posted: 3/9/2012 6:29:23 PM
I think part of the "problem" here is that we don't understand the process that leads to carrying a national debt. Our national debt, and budget deficits, are functions of our political system. Any country that is a net importer of goods, you have to offer something to the country that is exporting them to you. That's why people cry foul about the myth of the "Chinese credit card". Did You Know, China only recently passed Japan as the largest single foreign holder of USDebt
"back then, in the clinton years of orderly fiscal house, we had sub 1$ gas. What would todays economy look like with 30 barrel oil and sub 1$ gas? What would our budget deficits look like?
Also, the USCurrency is the world reserve currency. How structural are our current "problems" tied to USGov taking on more and more debt?
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Swoop |
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#29 Posted: 3/10/2012 1:07:12 AM
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canovsp |
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#30 Posted: 3/10/2012 2:18:33 AM QUOTE Originally Posted by Swoop:
Are the conservatives here willing to cut a BIG chunk out of defense spending? They want less government except for when it involves spending on other countries affairs.
I want to keep their pay & benefits for all personnel but here are some ways to cut defense: 1) Bring all of the troops home from overseas bases. That will save billions in overseas pay. 2) No more nation building. Which probably means no more war. A thousand years ago when one side won a war the winning side gained the land and the losing side were made slaves if there were survivors. Now, if you win a war you have to stay and rebuild that country. |
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dl36 |
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#31 Posted: 3/10/2012 3:31:46 AM
and once we got the loot we attack the people that just gave the weapons...
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Ktrain |
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#32 Posted: 3/10/2012 4:28:51 AM
Ron Paul 2012! |
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canovsp |
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#33 Posted: 3/10/2012 4:47:15 AM QUOTE Originally Posted by Ktrain:
Canovsp is a Ron Paul supporter!
Ron Paul 2012!
I like everything Ron Paul says. The only thing I worry about, as I mentioned before, is that we could lose some of our alliances around the world. I don't think it would happen if Paul was elected. I just think it's a possibility. |
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djbrow |
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#34 Posted: 3/10/2012 7:50:14 AM QUOTE Originally Posted by KOAJ:
when you take money from Social Security and pay the public debts down its easy to fool most people
Except every other administration did the same thing. Therefore the only true measure of fiscal responsibility is by comparative analysis. 
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djbrow |
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#35 Posted: 3/10/2012 7:52:51 AM QUOTE Originally Posted by canovsp:
I want to keep their pay & benefits for all personnel but here are some ways to cut defense: 1) Bring all of the troops home from overseas bases. That will save billions in overseas pay. 2) No more nation building. Which probably means no more war. A thousand years ago when one side won a war the winning side gained the land and the losing side were made slaves if there were survivors. Now, if you win a war you have to stay and rebuild that country.
Yet you support Republicans who want to do the exact opposite.
Take your pick. |
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djbrow |
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#36 Posted: 3/10/2012 7:54:35 AM QUOTE Originally Posted by be easy:
but the fiscal house was in order
I think part of the "problem" here is that we don't understand the process that leads to carrying a national debt. Our national debt, and budget deficits, are functions of our political system. Any country that is a net importer of goods, you have to offer something to the country that is exporting them to you. That's why people cry foul about the myth of the "Chinese credit card". Did You Know, China only recently passed Japan as the largest single foreign holder of USDebt
"back then, in the clinton years of orderly fiscal house, we had sub 1$ gas. What would todays economy look like with 30 barrel oil and sub 1$ gas? What would our budget deficits look like?
Also, the USCurrency is the world reserve currency. How structural are our current "problems" tied to USGov taking on more and more debt?
High gas prices are not the cause of a recession but low gas prices are always a precursor. |
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FrontRowCenter |
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#37 Posted: 3/10/2012 9:59:27 AM I believe we should fix all of the loopholes for corporations and lower the taxes to help grow the economy. Cut, cap, and Balance!!!!!
Just like Marco Rubio says, we need more taxpayers, not higher taxes. Listen to Marco Rubio.
http://winteryknight.wordpress.com/2011/07/13/
The Connie Mack Plan to solve th debt Crisis
http://www.youtube.com/watch?v=PjmnEZijs1k
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KOAJ |
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#38 Posted: 3/10/2012 12:08:28 PM QUOTE Originally Posted by djbrow:
Except every other administration did the same thing. Therefore the only true measure of fiscal responsibility is by comparative analysis.
agreed. other administrations haven't sold the world on a phony surplus
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canovsp |
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#39 Posted: 3/10/2012 5:39:17 PM QUOTE Originally Posted by djbrow:
Yet you support Republicans who want to do the exact opposite.
Take your pick.
If any of the candidates said "We need to stay in countries so we can rebuild them" then I would not support them. |
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be easy |
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MVP
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#40 Posted: 3/16/2012 7:27:34 PM QUOTE Originally Posted by djbrow:
High gas prices are not the cause of a recession but low gas prices are always a precursor.
care to explain how that works? Any historical reference?
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be easy |
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MVP
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#41 Posted: 3/21/2012 5:25:44 PM QUOTE Originally Posted by be easy: care to explain how that works? Any historical reference?
c'mon now, you went double light bulb on us,,,,,,
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