Re: Budget Cuts another perspective

On Wed, 02 Feb 2011 15:24:16 -0600, Mike Hendrix <mike (at) travellogs
(dot) us> wrote:

On Wed, 2 Feb 2011 12:27:39 -0800, "Bruce S" <bruce.snell@xxxxxxxxx>
wrote:

Mike Hendrix wrote:
We have been discussing the budget cuts that are necessary.

It has been an extremely difficult subject to discuss without a lot of
emotion.

Most folks, even voters, do not get the magnitude of the problem.

This college student explains it in a way that most can grasp:


http://wimp.com/budgetcuts/


Keep in mind that this video is talking about Obama's proposed
100-million cut........ and we need to cut $1.4 Trillion in order to
just spend what is being received in taxes.

I really would like Janet to watch this. Then she will begin to
understand why Bruce says the things he says.

As brutally blunt (and obnoxious) as Bruce is and can be......his
message is on target. And he is correct about the things that have to
change.

I think riots in the street are in our future.....we are very much
like Greece. No one is willing to cut back.

mike

Mike, try reading this column by John Stossel - he makes cutting the budget
sound almost easy.
http://townhall.com/columnists/JohnStossel/2011/02/02/i_can_balance_the_budget/page/full/


Bruce, Stossel is right. However, as you can see very few people are
interested is cutting a damn thing. It is just not a subject that
voters want to know anything about...... That is probably why nothing
will change until we fall off the cliff like Greece did.

I would almost put money on a bet that says we are going to become
militarily involved in the Egypt mess.

If Bush & Cheney were still running things it would be a certainty.
With Obama there is a chance we might refrain from becoming involved.

mike

Stossel is either pandering or an idiot. Take your pick. Few folks
are so stupid they cannot see why we need to cut the budget. The
problem is the way it's approached it usually to cut things that are
important to the public and ignor things that would not be but keep
the staff happy. If the government really wanted to cut they could
negoatiate a lot of reductions. What we really ned is intelligent
management including increasing taxation.

Most of us would:

1. Bring the troops home, reduce headcount and go through anothe
round of base closings.

2. Reduce HHS, education, farm and HUD subsidies. the list could
probably be made longer by anybody who really understaood where they
money goes. All of these have functions worth discussing but have
grown too large and too costly.

3. Do an accross the board 15% federal pay cut with a 5 year freeze
and then tie future raises to the COLA.

4. Add an import tarrif.

5. End the Bush tax cuts.

6. Reduce business tax percntage and eliminate all deductions not
directly related to cost of production. Effectively level the playing
field while increasing the overall taxes business pay by reducing the
way they get out of it. I would include in this taxing offshore
holdings.

I could go on but why bother. ;-)
.

Relevant Pages

  • Re: Budget Cuts another perspective
    ... Most folks, even voters, do not get the magnitude of the problem. ... Mike, try reading this column by John Stossel - he makes cutting the budget ... Bruce, Stossel is right. ...
    (rec.outdoors.rv-travel)
  • Re: Budget Cuts another perspective
    ... Most folks, even voters, do not get the magnitude of the problem. ... Mike, try reading this column by John Stossel - he makes cutting the budget ... Bruce, Stossel is right. ...
    (rec.outdoors.rv-travel)
  • Re: Budget Cuts another perspective
    ... Mike Hendrix wrote: ... Most folks, even voters, do not get the magnitude of the problem. ... As brutally blunt as Bruce is and can be......his ...
    (rec.outdoors.rv-travel)
  • BOSM Reminder
    ... the BOSM - read and digest and follow the very simple instructions if ... Yes folks, it's that time of year again. ... There is a small charge for both evening meal and breakfast to ... Mike passed away on Dec 29th 2009 after a short ...
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  • Re: OT? - Eating The Elephant
    ... Mike Hendrix wrote: ... OTOH he could be OK but know a lot of folks who are not. ... of business's contract. ... The vote was to cut the retirement benefits of people still working. ...
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