Ground meeting tomorrow
- Thread starter huskres
- Start date
George Bush Sr. Deficits like we have now won't disappear without spending cuts. And our national debt is so large now that servicing the interest on the debt plus paying for entitlements is taking up most of the Federal budget. We have to borrow(the deficit) to pay for the rest. If the economy is growing at a snail's pace while the debt keeps piling up we'll have a crash. And no matter what we do Europe is likely to cause a crash because a number of their countries have lived so far beyond their means they make us look sound.
Except almost 50% of income earners don't pay any Federal taxes now while the top 10% pay most of it. It's easy to get people riled up by going around saying the rich should pay their fair share but they already do. And if you confiscated all their earnings it wouldn't begin to pay off the debt we've accumulated. The best we can do is greatly reduce taxes and the resulting economic activity will bring in much more revenue. John friend. Kennedy pointed that out in speech and it does work. Soaking the rich only keeps them on the sidelines. If they don't invest their wealth jobs won't be created. So yes, tax reform. But not by increasing taxes. So why isn't the economy doing better then? We have had a real estate crisis that we're nowhere near getting away from, and Obamacare has kept many wealthy businessmen from investing. They'll be hit with huge costs if they do.
I keep pointing out we're heading for a crash if we don't get it under control. As in worse than we've been through, probably worse than the Great Depression. For some reason many seem to be in denial, that we can just keep piling on debt. And on that note, I've got 2 hrs of sleep to get. Great discussion, 'nite!
menotyou
bella amicizia
I am not of the opinion the rich should pay for everything. This time of year, in particular, I get very disgusted. With the poor, not the rich. Tens of thousands of dollars in tax returns because you are capable of repeatedly pumping out children? Really???? I see the people, know the people who are doing this. An outrage to say the least. Tax reform isn't just about slamming the rich and corporations. It is about everyone paying their fair share.
I am sure I will get slammed for this post and that's ok. It is what is see with my own eyes.
That is not what is being said. It is a matter of priotity. The debt is not priority one.
It should be however. Got 2 hrs of sleep last night, too old to spar with you tonight.
Have a good one.
Mr. 7
The monkey on the left.
Yeah.
This thread was about a meeting, not who is right or wrong as far as political affiliation.
Cactus
Just telling it like it is
Yep, this thread is waaaay off the rails indeed.
menotyou
bella amicizia
Isn't that what threads do?
DOWNTRODDEN IN TEXAS
Well-Known Member
It's called chasing rabbits. LOOK!!!!! A SQUIRREL!!!!!!
MrFedEx
Engorged Member
LOL!! So true. Here's my take on the subject, which shouldn't surprise anyone. Deficits aside, please remember that Republicans are anti-labor, anti-worker, and pro Big Business. This makes them Friends of Fred, which means they are our enemies, not our friends.
MrFedEx
Engorged Member
Yes.
BrownMeetPurple
Well-Known Member
and you know what both parties are controlled by an elite few... they love it when the population is fighting amongst themselves on two words dems and reps. LOL
Sort of like brown and purple, huh?
Catatonic
Nine Lives
I noticed that when I eat eggplant.
DOWNTRODDEN IN TEXAS
Well-Known Member
The Elitist plan is part of what the Bilderbergs have planned for us in the near future. They want us to war amongst ourselves and other nations, that way the transfer to a totalitarian dictatorship will go un-noticed until it's too late.
And yes, I have been watching a lot of conspiracy theories on YouTube....never hurts to have a crazy person's opinion..lol
And yes, I have been watching a lot of conspiracy theories on YouTube....never hurts to have a crazy person's opinion..lol
