You cannot tax and spend your way to prosperity.
We do actually need to be investing in our infrastructure. More efficient means of transportation means we move our products to market at less
cost....it's sound logic. It also costs more to continuously repair than to replace. There is a tipping point where it is no longer cost effective
to keep putting band aids on broken bridges and waterlines...you have to actually replace them.
What we have to have is a budget. A budget that we can all see and all digest. It is OUR money after all. I am not talking about some clandestine
piece of paper with huge swaths of money allocated to "discretionary spending"...no...I want to see where it is going.
I have a problem with corporate subsidies. It is not right to prop up an industry. There are exceptions. I do not agree with the railway subsidies,
but I understand that we need to keep our trains as a viable option. They are subsidized because they are underutilized and thus under profitable.
That is one of the very few I can suck it up and accept it as a necessary evil.
We do not need to keep subsidizing the oil industry. They boast their record profits and every year, we give them money....what is wrong with this
picture? We do not need to subsidize farmers to NOT grow. This is an appalling thing when world hunger is considered. Why do they do it? To
manipulate markets and create false "scarcity" so they can control the pricing of grain and produce. Let farmers grow and let the prices be whatever
they are...THAT is a free market economy...manipulation of the production is not "free market".
To address the "fiscal cliff"...we must start with a balanced budget. We have to stop deficit spending. Every year that we spend more than we have
coming in simply adds to the abomination called "the national debt". If we really want to pass a bright future to our children, we need to balance
the budget (and then some) to create a yearly surplus. That surplus is then applied to the national debt. In this equation, you are no longer adding
to the national debt and are slowly reducing it. It is not rational thinking to say we can ever completely pay off the debt, but we can reduce it and
any responsible human being knows it needs to be done.
Taxation is a two edged sword. Yes it does address some fiscal issues and shortcomings...the problem is...historically, if you allow them to raise
taxes, they do not use the money wisely, they just spend it as well. I could accept a tax increase under the banner that spending must be
decreased...only then would I be willing to get on board. The other thing taxation does is it forces people to use their money. "Use it or lose it"
phrase comes to mind. If you are actively seeking to avoid paying taxes, you invest, you give...etc...your money ends up being used instead of being
hoarded...which is not a terrible thing. As long as you don't lose it...having to use it has no negative repercussions.
I understand the idea that the economy was strong under Clinton and everyone wants to talk about how things went just fine under those tax rates...and
it's true. BUT...as a Fiscally responsible Libertarian, I cannot accept higher taxes without a balanced budget and a plan to pay down the national
debt..I just can't.
edit on 11/11/2012 by Jeremiah65 because: (no reason given)