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For Republicans and Tea Party folk, how to solve the US debt problem:

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Yes we can.

Ross Perot wanted to do it 15 years ago.

There are plenty that are fed up with Govrnment today, and today's Tea Party is the biggest witness since Ross Perot.

-John
 
Zorkorist said:
Yes we can.

Ross Perot wanted to do it 15 years ago.

There are plenty that are fed up with Govrnment today, and today's Tea Party is the biggest witness since Ross Perot.

-John
Click to expand...

Ok.... have it your way.... but you've to comprimise a bit....

First... we fire all them folks in uniform... sell the ships and tanks to ... who cares.. get rid of them.. lease out the pentagon bldg... the langley CIA place and all the rest of it...

NOW you put them to work.
 
LunarRay said:
It warms my heart to know there are folks who really do understand this social science...
There are but a few atm who'd opine in the chambers of Congress such sentiments... Why don't you run for office?
Click to expand...

Haha People don't like reality better to extend and pretend. Plus big money will not support those who threaten their market position and you need big money to win. Democrat or republican. That's why we get UHC written by insurance companies and banking law written by bankers instead of we the people and they will reap most profit while Americans suffer.

Anyway - What's really scary is when the debt starts costing more to service than about 1.25%, or about $165 billion, but rates normalize to say 5% that would suck half of all taxes. Let alone this idea of adding 1-2 trillion every year on out. It's not long until debt consumes 100%.

I don't think we have political will anywhere to bring jobs home and get people off public assistance and debt. Neo-liberalism has won and will break us shortly.

I did set out recycling tonight tho as a public service.
 
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LunarRay said:
Ok.... have it your way.... but you've to comprimise a bit....

First... we fire all them folks in uniform... sell the ships and tanks to ... who cares.. get rid of them.. lease out the pentagon bldg... the langley CIA place and all the rest of it...

NOW you put them to work.
Click to expand...
Give me no minimum wage, and absolutely I put them to work. Or, rather, they put themselves to work.

I thought you were going to ask me about the Grandmother with no income?

-John
 
Remember, there is no...

Department of Agriculture (USDA)
Department of Commerce (DOC)
Department of Defense (DOD)
Department of Education (ED)
Department of Energy (DOE)
Department of Health and Human Services (HHS)
Department of Homeland Security (DHS)
Department of Housing and Urban Development (HUD)
Department of Justice (DOJ)
Department of Labor (DOL)
Department of State (DOS)
Department of the Interior (DOI)
Department of the Treasury
Department of Transportation (DOT)
Department of Veterans Affairs (VA)

-John
 
Zorkorist said:
Give me no minimum wage, and absolutely I put them to work. Or, rather, they put themselves to work.

I thought you were going to ask me about the Grandmother with no income?

-John
Click to expand...


Nah... She comes later...

But do show how a few million with no money can stimulate the job market... Ok.. no minimum wage... hehehehehehe now we destimulate the very folks who are earning and buying... Disinflation leads to Deflation in that model.

IF they don't come to your palatial estate and take your food they'll take someone elses, it seems to me... gotta eat and stuff.
Every dollar spent by the Government helps the market... stimulation simply expands on that notion. So a balanced budget... no revenue and no spending... no Fiscal Policy... ok.

So let's see... No government... ok... do we Isolate? Or do we adopt the notion of "1984" and perhaps "Soylent Green"?

Should we call for a Debt Holiday? All debt no matter what from or held by whom is gone... no one owes anyone anything? And they keep the assets.... how about that one?
 
Zorkorist said:
These military men are young, hale, and hearty.

They can easily find work.

-John
Click to expand...

That presupposes that the hale and hardly unemployed and not in uniform are what... Lazy?

Where does one look for this 'work'? Perhaps they could act in the capacity of the Stevedor unloading ships from Japan and China among others... They'd be motivated to enable more inflow to insure job security at what? 2$ an hour... guess it don't matter how much they earn so long as it buys what the necessities of life cost... 2, 10 or 400$ are only numbers... it is what do they buy that matters... No? So... minimum wage is simply a barrier to disinflated pricing? Or can be, I guess.
 
Zorkorist said:
Remember, there is no...

Department of Agriculture (USDA)
Department of Commerce (DOC)
Department of Defense (DOD)
Department of Education (ED)
Department of Energy (DOE)
Department of Health and Human Services (HHS)
Department of Homeland Security (DHS)
Department of Housing and Urban Development (HUD)
Department of Justice (DOJ)
Department of Labor (DOL)
Department of State (DOS)
Department of the Interior (DOI)
Department of the Treasury
Department of Transportation (DOT)
Department of Veterans Affairs (VA)

-John
Click to expand...

Right... I got it... No governmental anything... no federal tax nor any of that stuff... yup... got it.

Survival of the fittest...
 
I have a very hard time reading your posts, LunarRay, but if I get the jist of it you are arguing, destimulation, and stagnation, if we remove the minimum wage, and abolish most of the Federal Government.

I argue the opposite, where the removal of the Federal Government and Minimum Wage will stimulate the economy and ultimately reduce our debt.

-John
 
LunarRay said:
That presupposes that the hale and hardly unemployed and not in uniform are what... Lazy?

Where does one look for this 'work'? Perhaps they could act in the capacity of the Stevedor unloading ships from Japan and China among others... They'd be motivated to enable more inflow to insure job security at what? 2$ an hour... guess it don't matter how much they earn so long as it buys what the necessities of life cost... 2, 10 or 400$ are only numbers... it is what do they buy that matters... No? So... minimum wage is simply a barrier to disinflated pricing? Or can be, I guess.
Click to expand...
Each $2, $4, or $10 is theirs, and theirs alone. The Federal Government won't be coming behind them to rob them of it.

-John
 
Zebo said:
Haha People don't like reality better to extend and pretend. Plus big money will not support those who threaten their market position and you need big money to win. Democrat or republican. That's why we get UHC written by insurance companies and banking law written by bankers instead of we the people and they will reap most profit while Americans suffer.

Anyway - What's really scary is when the debt starts costing more to service than about 1.25%, or about $165 billion, but rates normalize to say 5% that would suck half of all taxes. Let alone this idea of adding 1-2 trillion every year on out. It's not long until debt consumes 100%.

I don't think we have political will anywhere to bring jobs home and get people off public assistance and debt. Neo-liberalism has won and will break us shortly.

I did set out recycling tonight tho as a public service.
Click to expand...

I had a dream... And in that dream I saw folks sitting on their porch with shotguns and in their yards were crops... no one worked... they simply sat and grew crops... in their yards. They bartered their crops for what else they needed to live... then along came the tax guy wanting his share to pay for his salary... Ole granny said "Mathew"... be gone from my land... but he was insistent... showed his badge and all that.. and said he'd foreclose on their home if they didn't pay.... "Mathew" was found atop the ole oak tree over yonder pasture... Gretchen, the family Pit Bull was hungry too...

I too put out the recycled stuff in the provided blue recycle bin... I feel so American doing it... sorta like not going to work to save on the foreign oil inflow..
 
Zorkorist said:
I have a very hard time reading your posts, LunarRay, but if I get the jist of it you are arguing, destimulation, and stagnation, if we remove the minimum wage, and abolish most of the Federal Government.

I argue the opposite, where the removal of the Federal Government and Minimum Wage will stimulate the economy and ultimately reduce our debt.

-John
Click to expand...

I suppose you can argue that and do so with some bits in the right places... but not all the bits fall into place in your scenario.

I'm a demand sided thinker... I'm an quasi isolationist. In order for my thinking to work all aspects of it must be in play... as in any scenario... you can't do a bit of this and a bit of that and do much of anything right...

I had a student once castigate me for daring to invoke a thought process that sought to extract from an opposite view just what works... Not in some "all other things being equal" scenario but in the Country we live in... The reality of what IS...
You see, I'm not a Theorist... ergo, I'm an Applied analysis thinker... both seek to answer the same question but the one does so theoretically whilst I do it based on observation of relevant facts...

You will not be able to remove the federal or state um... money sink hole as you see it... IT won't happen.. so what next best thing is there to do? I say stimulate and continue to do so... give money to those who'll spend it and close the borders in a reasonable and determined way...
We've some 300 million folks here and a few extras... they demand stuff... give em money and they'll demand more... give them a job making what they demand and there ya go... prosperity..
 
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Zorkorist said:
That's just the way the Government would like you to feel. Helpless.

-John
Click to expand...

I don't feel helpless... I am too old to be much at all helpless... sorta like being Paranoid.... they still may be out to get me... hehehehe

I figure that by the time the poop hits the fan I'll be no more... well.. depending on that reality..
 
If the question does not involve you, then I can aplaud your logic. But once the question involves you, you can no longer sit back and wait for the outcome.

You must come up with a theory of what is right and what is wrong.

-John
 
Zorkorist said:
Instead, you can vote in people that share your frustration.

Like the Tea party.

-John
Click to expand...

All I can think about when I hear that "Tea Party" name is John Hancock and his stock pile of tea that he purchased at a price over the price of the tea on those ships after George eliminated the tax... He must have been one ticked off investor... who was going to buy his tea now... better toss their's in the harbor... yup... that'll do it.

I'm not about to vote Tea Party or Perot or Green or Blue or what ever... I vote based on my view about what the candidate not only wants to do but can do... Congress is a funny place... Run by the Puppet Masters for sure.. but every now and again a bit of good happens... and it happens cuz the right folks at the right time with the right motivation and the power make it happen..
 
Zorkorist said:
If the question does not involve you, then I can aplaud your logic. But once the question involves you, you can no longer sit back and wait for the outcome.

You must come up with a theory of what is right and what is wrong.

-John
Click to expand...

Hehehehehe No... I have given my 'theory' to the minds of today... and tomorrow. I know what will work... and suspect no other model enacted will do so as well... Some variation to my model might be ok... but not much cuz as I've said.. and as others have said who I admire... There may be more than one way to skin a cat... and that is usually done after the cat is dead... otherwise... you've to get shots...
IOW, What's the difference between an orange if it is not to do with how you slice it?
 
Zorkorist said:
Or you can be old and not care. 🙂

-John
Click to expand...


Care... hmmmm The question is or ought to be... Am I motivated to both care and prosecute the notion of my thinking to the fullest extent of my capability? The answer I'd proffer is: The tenured Professor may persuade based on his recognized expertise but I'm possessed of neither... My dogs don't much care bout Economics beyond their dog bowls... they are full.. I care but I've no forum today. I am old sorta and lack the energy of my youth and health... So I type away into this void of Internet hoping someone can see my POV and if not that is OK... I did type a bit...
Edit: there is a quote from Gandhi that sorta indicates that even though what one does is very little one must do that... and I do as little as I can, I suppose.

"Nearly everything you do is of no importance, but it is important that you do it." Ghandi...
 
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