- Sep 22, 2001
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Originally posted by: gujuguy007
corn is right, however the tax cuts and the military spending will affect our budget. Bush can try to B.S. all that he wants, but the tax cuts aren't helping families much, rather it is helping businesses. I'm not saying businesses don't need help, but Bush should try to do other things besides having tax cuts to help our wounded economy and improve commerce.
Originally posted by: LunarRay
UQ I'd need an "all of the above button" each are not fully dependent on the other. Even if they were I'd vote for each and make mine a fish taco.
edit... we may need to cut spending but not now...
Originally posted by: Tabb
$350 mil for imminent danger and family seperation pay for the .mil..
$350 mil for retroactive tax cut.
Those do what exactly?
I've attended briefings by E-9s on this very subject. The briefings in Germany were the best as the beer was free upon conclusion of the duty day.Originally posted by: LunarRay
Notwithstanding the poll, we can't balance the budget today due to the need to stimulate the economy. We ought to pay the military a living wage. Perhaps the military pay scale ought to better consider the needs of the typical long term active duty person. Besides the obvious contribution difference he has growing kids and expenses. Perhaps making the retirement 25 years and give them more $ in the mean time. I think, for instance, the pay of an E7 and above ought to be on par with an O5 with the same time in service. I understand the difference in rank but not the difference in basic needs. (I assume the variance is still material) UQ?
I also think the military ought to be the folks running the military. Not Congress.
Notwithstanding the poll, we can't balance the budget today due to the need to stimulate the economy
Originally posted by: Corn
Cut spending. I know, I have no heart because I'm a Republican, or am Republican because I have no heart, sometimes I get confused.......
Anyway, unlike BOBDN, who feels like it is a good idea to spend whatever it takes to attach airbags to anything that might cause a blunt force injury, I firmly believe that the primary function of the federal government is to protect the population (military/civilian/environmental) and create/maintain infrastructure to foster commerce.
Anything else should be left to local or state governing bodies.
Originally posted by: HombrePequeno
Originally posted by: gujuguy007
corn is right, however the tax cuts and the military spending will affect our budget. Bush can try to B.S. all that he wants, but the tax cuts aren't helping families much, rather it is helping businesses. I'm not saying businesses don't need help, but Bush should try to do other things besides having tax cuts to help our wounded economy and improve commerce.
Businesses bring money to families by employing them. Generally if you help businesses, you help families.
Originally posted by: konichiwa
Originally posted by: HombrePequeno
Originally posted by: gujuguy007
corn is right, however the tax cuts and the military spending will affect our budget. Bush can try to B.S. all that he wants, but the tax cuts aren't helping families much, rather it is helping businesses. I'm not saying businesses don't need help, but Bush should try to do other things besides having tax cuts to help our wounded economy and improve commerce.
Businesses bring money to families by employing them. Generally if you help businesses, you help families.
modern Reaganomics, heh
Originally posted by: Zebo
Notwithstanding the poll, we can't balance the budget today due to the need to stimulate the economy
This need to stimulate the economy is always causing the need to stimulate the economy, No?
Seems like a vicous unrecoverable cycle once you start, like making 30K a year and having 100K in CC debt.
If we are always strateled with paying 22-25% of the gross reciepts to service the debt, growing deeper each administration, never paying principle, and going further in the rears everytime there is another recession hits arn't we asking for more frequent recessions and lack of liquidity during the good times because we have to pay t-bill holders?
*****************
Yeah, Likea spiral into a black hole of depression. We can't stop the spiral but, we can put some speed bumps and maybe even back up a bit... but, you're right. As a student of the obvious as well, I know that the only way to get anywhere away from the 'black hole' is to have growth outpace the debt's effect on the revenue. This is what all the economists true to achieve managed growth so inflation and the bad stuff is in order. But, to manage growth ya gotta have a growth base that is solid and not liquid like what we've got now.. I call this condition the 'liquifaction of solid economic insight'.. like quicksand we sink deeper and deeper the more we move and move we must... it is in our nature to do something...
Originally posted by: LunarRay
Originally posted by: Zebo
Notwithstanding the poll, we can't balance the budget today due to the need to stimulate the economy
This need to stimulate the economy is always causing the need to stimulate the economy, No?
Seems like a vicous unrecoverable cycle once you start, like making 30K a year and having 100K in CC debt.
If we are always strateled with paying 22-25% of the gross reciepts to service the debt, growing deeper each administration, never paying principle, and going further in the rears everytime there is another recession hits arn't we asking for more frequent recessions and lack of liquidity during the good times because we have to pay t-bill holders?
*****************
Yeah, Likea spiral into a black hole of depression. We can't stop the spiral but, we can put some speed bumps and maybe even back up a bit... but, you're right. As a student of the obvious as well, I know that the only way to get anywhere away from the 'black hole' is to have growth outpace the debt's effect on the revenue. This is what all the economists true to achieve managed growth so inflation and the bad stuff is in order. But, to manage growth ya gotta have a growth base that is solid and not liquid like what we've got now.. I call this condition the 'liquifaction of solid economic insight'.. like quicksand we sink deeper and deeper the more we move and move we must... it is in our nature to do something...
We "grew" at 3.1% a year from postWWII until around Ford with little debt relative to GDP (or what ever they are calling it these days). Of course we actually made a few more things back then too. The debt is a time bomb...Many people don't realise its really around 50 Trillion not the 7 you hear all the time. When we factor in SS and medicare I've heard we "owe" 43 Trillion to these programs and people. We are going to have to do a lot of movin' in the comming years.
Originally posted by: LunarRay
Notwithstanding the poll, we can't balance the budget today due to the need to stimulate the economy. We ought to pay the military a living wage. Perhaps the military pay scale ought to better consider the needs of the typical long term active duty person. Besides the obvious contribution difference he has growing kids and expenses. Perhaps making the retirement 25 years and give them more $ in the mean time. I think, for instance, the pay of an E7 and above ought to be on par with an O5 with the same time in service. I understand the difference in rank but not the difference in basic needs. (I assume the variance is still material) UQ?
I also think the military ought to be the folks running the military. Not Congress.
Originally posted by: LunarRay
Zebo,
I 'avent a clue how much we owe... we're paying interest on the published amount and hiding pretty well the rest. I'd guess about 20 - 25 thrillion.. ought to be what should be under the mattress. Well it is really, in gold somewhere, in oil somewhere, and in federal land somewhere... lets sell it when we need it and there it is..
Lots of Federal Land to sell and lease all them offshore and Alaska oil things..
We need getting US companies to use US based employees to do the work... so what if it will cost more... inflation ... turnips! We keep inflation down by getting rid of the jobs... that is the reality..
Originally posted by: LunarRay
How about a 50 yr. jubilee that Moonsteration mentioned somewhere.. no one owes anyone.. then we eliminate imports and isolate.. Put Clinton back in office and he can say "full faith and credit... depends on what the meaning of full and credit is" then Bush comes back and says "operation american freedom is before us... there are no IOUs and I never said there were"..