700 billion deficit is not good news. Neither is a 17 trillion dollar debt.
I heard this weekend on a news show about a wealthy woman who just for fun
applied for and got food stamps. That's how easy answering a few questions
untruthfully gets you on the government dole. Question, if and when a lot of
these new food stamp people, combined with the new Obamacare people are taken
off the roles what will happen? It is kind of like feeding a stray cat. He
will keep coming and coming until you cut him off, then he will either find a
new food source and or starve. Enslaving people with govenment handouts that
have no sunset on them is one of the worst things that a government can do to
its people. There should always be a date given to any receipient of public
services that it will end. My cynical side thinks Obama and Democrats want
people to live off of government so they will get the vote over and over.
That's just my cynical side.
Bennett is approaching this from multiple points and I applaud them: Rewrite
the tax code to make it simpler, broader, and more reflective of the economic
and political realities...make more Americans have a stake.Change
the overbearing and cumbersome regulations.Change our spending
priorities. In Utah we need more money going to education, where it has been
deficient for decades. Nationally we must return to constitutional priorities
of spending, while also taking into account the 21st century.Adjusting our entitlement spending is the elephant in the room. Entitlement
spending is so large, it must be a major part of the equation. Well
written. Now if we can only find politicians in DC that will actually get this
@Mike Richards"Obama will not cut spending without being
forced."Hold on... we've been arguing over who is to blame
for the sequester with you saying Obama while I said Republicans, and now you
say Obama only cuts spending when he's forced to? Glad you finally accepted
my position which is that the massive cuts only exist because Republicans forced
it, the sequester merely being the form taken as a means of compromising with
Republicans spending cut demands.
@wrzObama's country of origin is the USA. What is yours?
Bob's four -point solution is no solution... it's just more political
rhetoric."Rewrite our impenetrable tax code" Rewrite?
Every time it's rewritten it gets more complicated."Re-examine our hodgepodge regulatory regimes" Re-examining something
solves no problems."Realign our outdated spending
priorities" Realigning solves no fiscal problems. You have to actually cut
spending to get any benefits."Readjust our entitlement
programs" If you'd have said 'cut entitlements' you might be
onto something. Cut food stamp which have doubled under Obama. Now, food
stampers are using stamps to buy food to ship to relatives overseas. And, cut
unemployment benefits. Doing so will force the idle to take any job to put food
on the table. And while you're at it, cut immigration (illegal or
otherwise). Immigrants come here and suck up Americans' jobs.And here's another idea re immigration... stop spending billions on
border patrol. Use E-Verify instead... at about a tenth the cost. And make
sure E-Verify covers all employers, from one employee and up.And a
final suggestion to solve our fiscal problem... get rid of Obama. Send him back
to his country of origin.
@Howard Beal "Would austerity...be one of those [mistakes]?"Possibly, but I was thinking more about solving our problems now, while we
still have some time. We shouldn't wait to be forced to take emergency
measures, as Europe did. It took decades for our disorders to develop, and will
probably take decades to cure them. We should start today.I assure
you: if we do nothing to change our course, austerity will find us.
T. PartyLearning from Europe's mistakes? Would
austerity and why the economy can get (much worse) be one of those?
"Cut entitlements, as the Europeans have been forced to do?"Yes. Entitlement spending is where our budget is most out of control. Although
Bailout Bob is only worried about the political implications (as usual), we have
got to face reality. Ignoring the problem won't make it go away. We would
be stupid not to learn from Europe's mistakes.
Senator Bennet does not wish to note any progress on deficit reduction because
it is not a large enough reduction? Progress is usually made by small steps. Yes
the deficit is too large but we should welcoe this trend towards reduction. When
he speaks about rewriting the tax code he fails to mention the large part he
played in writing the current tax code. he is one of the Senators who fought any
change to the code that would have impacted those who were his contributors.
Mr. Bennett hasn't written anything that a school child could not have
written. What did he tell us? He told us that Congress will not cut government
spending in the areas that take the money: duties, including military and social
spending. At this point, it doesn't matter that Social Security was not
authorized by the Constitution. The government has forced us to comply with the
SS tax, making it impossible for most to save independent of that "forced
savings plan". Of course that money is long gone and there are not enough
new workers to keep it viable.Defense spending is authorized by the
Constitution. How much defense spending is open for debate. Most of the
"self imposed" duties that Congress taxes us for, including the big one,
ObamaCare, are not supported by the Constitution.We have only two
choices. We can cut spending or we can increase jobs. Obama will not cut
spending without being forced. He has not been able to increase viable jobs.Remove regulaitons and let private enterprise generate new jobs. More
jobs = more revenue. Governemnt is the cause of the problem, not the solution.