New budget proposal

CaptainHaplo · 02-12-11, 07:34 PM

While I suspect Platapus and I will disagree on the appropriateness of the numbers when they come out (which is all good in a debate), I agree with him totally on this. Show us data and figures, not nebulous politi-speak.

Some goes for the "other side" too.....

tater · 02-12-11, 08:41 PM

I didn't watch.

The analogy of the title of course would need to be a family that spends a huge chunk of it's annual income on a crazy credit card shopping spree (the so-called "stimulus"), THEN decides to try and live within a budget. (a family making 50k a year goes out and blows 20 grand on a fancy dinner in NYC, THEN lives within its means).

Lock spending at 2007 levels. Include "entitlements"—if that requires lowering rates of increase, or even cutting benefits to 2007 levels—tough. Debt service should literally come off the top of the entitlements, too. After maybe 10 years, allow the budget to increase at the most conservative inflation rate—and it should decrease if there is deflation to match.

CaptainHaplo · 02-12-11, 08:48 PM

#1 Balanced budget ammendment (with the exception being a declared war by congress)

#2 Cut off all entitlement funding (welfare, education, housing assistance, etc) to any non-citizen or non-legal resident.

#3 Move to a consumption tax

#4 Get the federal government back to within its constitutionally defined role.

#5 Return to the gold standard

Do that, and we would have a surplus that would pay down our debt and have us on solid footing. It won't happen, too much special interest to ever let it be.

TorpX · 02-12-11, 10:54 PM

I watched the speech.

I felt like it needed a laugh track.

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02-12-11, 07:34 PM	#1
CaptainHaplo Silent Hunter Join Date: Apr 2007 Posts: 4,404 Downloads: 29 Uploads: 0	While I suspect Platapus and I will disagree on the appropriateness of the numbers when they come out (which is all good in a debate), I agree with him totally on this. Show us data and figures, not nebulous politi-speak. Some goes for the "other side" too..... __________________ Good Hunting! Captain Haplo

02-12-11, 08:41 PM	#2
tater Navy Seal Join Date: Mar 2007 Location: New Mexico, USA Posts: 9,023 Downloads: 8 Uploads: 2	I didn't watch. The analogy of the title of course would need to be a family that spends a huge chunk of it's annual income on a crazy credit card shopping spree (the so-called "stimulus"), THEN decides to try and live within a budget. (a family making 50k a year goes out and blows 20 grand on a fancy dinner in NYC, THEN lives within its means). Lock spending at 2007 levels. Include "entitlements"—if that requires lowering rates of increase, or even cutting benefits to 2007 levels—tough. Debt service should literally come off the top of the entitlements, too. After maybe 10 years, allow the budget to increase at the most conservative inflation rate—and it should decrease if there is deflation to match. __________________ "Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one." — Thomas Paine

02-12-11, 08:48 PM	#3
CaptainHaplo Silent Hunter Join Date: Apr 2007 Posts: 4,404 Downloads: 29 Uploads: 0	#1 Balanced budget ammendment (with the exception being a declared war by congress) #2 Cut off all entitlement funding (welfare, education, housing assistance, etc) to any non-citizen or non-legal resident. #3 Move to a consumption tax #4 Get the federal government back to within its constitutionally defined role. #5 Return to the gold standard Do that, and we would have a surplus that would pay down our debt and have us on solid footing. It won't happen, too much special interest to ever let it be. __________________ Good Hunting! Captain Haplo

02-12-11, 10:54 PM	#4
TorpX Silent Hunter Join Date: Sep 2010 Posts: 3,975 Downloads: 153 Uploads: 11	I watched the speech. I felt like it needed a laugh track.