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Old January 26th, 2016, 12:00 PM   #11
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Throw out Department of Education (DOE) and you got a deal.

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-bring home all troops not on us soil and close all foreign bases.

-close the fed. fuck their debt

-abolish the federal income tax and all forms of payroll "taxes"

-abolish the mandatory wage

-end the "war on drugs'

-get rid of the DEA, IRS, NSA, TSA

-remove all pensions from the public sector

-make programs like social security and medicare optional

-reevaluate our prison population

-place education in the hands of the states, counties, and cities

-shrink or get rid of the department of education

-term limits on all politicians 8 years after that. done. nothing from the government purse. insurance, pension, security. nothing
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Old January 26th, 2016, 12:08 PM   #12
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You need to deal with the entrenched bureaucrats. Term limiting politicians is not enough.

Repeal the 14th, 16th and 17th Amendments.


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Old January 26th, 2016, 12:23 PM   #13
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Throw out Department of Education (DOE) and you got a deal.
2nd to last one on the list
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Old January 26th, 2016, 12:24 PM   #14
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Debt increase or $70,612.91 Per Household.

We can keep whistling why we ignore this but it will not go away. I am very interested to hear the opinions of both the left and right side of the isle and our future President whom ever that may be once the promises start flowing to win the election.

Couple this with State debt and this is a serious burden we are leaving our grandchildren.

Maybe it is time to bring the boys back home, limit our borders for a bit and control our foreign monetary obligations until we can better serve our citizens and infrastructure here.
Tax the rich, Wall street, corporations and stop offshoring of monies by both.
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Old January 27th, 2016, 04:53 AM   #15
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Explain how your graph states the Bush tax cuts caused debt when Bush had record tax revenues?
Between 2000 and 2004 federal revenues actually went down.

2013 and 2014 had the highest federal revenue ever !
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Old January 27th, 2016, 05:09 AM   #16
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Originally Posted by Toefoot View Post
Debt increase or $70,612.91 Per Household.

We can keep whistling why we ignore this but it will not go away. I am very interested to hear the opinions of both the left and right side of the isle and our future President whom ever that may be once the promises start flowing to win the election.

Couple this with State debt and this is a serious burden we are leaving our grandchildren.

Maybe it is time to bring the boys back home, limit our borders for a bit and control our foreign monetary obligations until we can better serve our citizens and infrastructure here.
We can't really "save" our way out of debt. We can trim the fat here and there but the root problem isn't government spending.

Corporate America has been and is continuing to destroy the tax base.

In 1970, 30% of all federal revenue came from corporate taxes. Corporation have bought so many members of congress, gotten so many loops holes passed, the corporate tax code has more holes than a screen door. Today only 10% of federal revenue comes from corporate America. These companies continue to benefit from a reasonably healthy, well educated population and the infra-structures available here, but are paying less and less of the costs to maintain the country.

But this is not the major issue. Where they've really done the damage is through the deindustrialization of the country. They've shipped hundreds of thousands of factories and tens of millions of the high paying jobs that went with them out of the country. They've down sized, outsourced and off shored to the extent, middle class wages have not only stopped rising, but in inflation adjusted dollars, actually started going down. Middle class America, the people who pay the vast majority of the taxes, haven't had a meaningful pay raise in more than 15 years. Ever year more and more families fall below the line where they don't pay any taxes at all.

50% of working adults make less than $30,000. These people pay little or no income tax.

Now we have companies wanting to bring in cheap labor on the visa program. We have millions of illegals and no one wants to address that problem.

The root of the problem and the rising debt is more about the fundamentals of our economy than it is government spending.
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Old January 27th, 2016, 05:13 AM   #17
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Originally Posted by BubbaJones View Post
We can't really "save" our way out of debt. We can trim the fat here and there but the root problem isn't government spending.

Corporate America has been and is continuing to destroy the tax base.

In 1970, 30% of all federal revenue came from corporate taxes. Corporation have bought so many members of congress, gotten so many loops holes passed, the corporate tax code has more holes than a screen door. Today only 10% of federal revenue comes from corporate America. These companies continue to benefit from a reasonably healthy, well educated population and the infra-structures available here, but are paying less and less of the costs to maintain the country.

But this is not the major issue. Where they've really done the damage is through the deindustrialization of the country. They've shipped hundreds of thousands of factories and tens of millions of the high paying jobs that went with them out of the country. They've down sized, outsourced and off shored to the extent, middle class wages have not only stopped rising, but in inflation adjusted dollars, actually started going down. Middle class America, the people who pay the vast majority of the taxes, haven't had a meaningful pay raise in more than 15 years. Ever year more and more families fall below the line where they don't pay any taxes at all.

50% of working adults make less than $30,000. These people pay little or no income tax.

Now we have companies wanting to bring in cheap labor on the visa program. We have millions of illegals and no one wants to address that problem.

The root of the problem and the rising debt is more about the fundamentals of our economy than it is government spending.
Excellent post Bubba. That is EXACTLY what has taken place. Middle class Republicans repeatedly vote against their own economic interests despite the facts you just cited.
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Old January 27th, 2016, 05:37 AM   #18
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Between 2000 and 2004 federal revenues actually went down.

2013 and 2014 had the highest federal revenue ever !
And the first 4 years of Obama they were down from 2008.......
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Old January 27th, 2016, 05:38 AM   #19
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The $18 trilllion National Debt is only the tip of the iceberg,,,,what about the $100 trillion in unfunded mandates??........Social Security IOUs...
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Old January 27th, 2016, 05:41 AM   #20
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And the first 4 years of Obama they were down from 2008.......

YUP !!! Thank you Mr Bush and the housing crash.
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