posted on Aug, 5 2008 @ 03:38 PM
reply to post by Sestias
Your plan for easing some burdens on small businesses sounds like a good one.
One of the dangers of pure capitalism is the possibility that a company can become large enough to control or even monopolize an entire industry. When
that happens, it is necessary for the good of all that someone step in and say 'enough'. I believe in capitalism; I just also understand that it has
pitfalls as well. A progressive tax/regulation burden would help to prevent this type of problem from occurring, without harming those who have
already achieved their American Dream.
As far as cutting spending, there's a lot of pork as we all know and that certainly can be cut. Then of course there's the war, that's
costing 12B a month. What many people usually mean by cutting spending is ending programs for the poor. In reality, more of the budget goes to the
so-called "middle-class entitlements"--social security, medicare, social security disability, veterans' benefits, etc.--than goes to the bottom of
the income scale. I'm not sure people would be in such a hurry to cut those.
Ah, several issues. The war (IMHO) was necessary, but it also was badly mismanaged. Never should the military be used as a police force; that is not
their job nor their area of expertise. The military exists in order to kill people and break things, not to help people and repair things. II am not
against the war; I simply want to win it and get the hades out.
As for SS, it should never be a greater tax burden than the extent of the payroll tax. Unfortunately, even though it has drawn in a surplus since its
inception, every dime of that surplus has been used to fund assorted pork by the Congress. All that is left now is a bunch of worthless paper, because
if they tried to call in these IOUs, the taxes on everyone would be so heinous it would immediately cripple the US economy. Think about a 90+% tax
rate for everyone; that's about what it would take now to repay the SS IOUs. Don't depend on SS ever coming in to you, unless you are very very
close to retirement right now, and even then, don't count on it.
As for the rest, like medicaid, I actually think they do good for our society, but with spending so out of control and the dollar dropping like a
rock, coupled with spiralling fuel costs and the possibility of rising taxes, and taking into account the enormous amount of governmental
regulation/intrusion into every single industry, its a safe bet: OUR ECONOMY WILL COLLAPSE AGAIN.
No economy = no more social aid programs. Period.
reply to post by mybigunit
Truer words have rarely been spoken. I have no idea who I will vote for this year. I am so tired of the 'lesser of two evils'. The lesser is still
[edit on 5-8-2008 by TheRedneck]