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Post by monty on Jul 8, 2010 16:47:15 GMT -8
we;re now about 10 years into both being a mess, what are the solutions?
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Post by aztecwin on Jul 8, 2010 16:57:01 GMT -8
we;re now about 10 years into both being a mess, what are the solutions? The war will be a long tough slog. It has to be done! The Economy? It will not be easy either. We have got to stop the spending that does no good and make it desireable for business to add jobs rather than export them. That means a hard look at regulation and tax policy.
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Post by AlwaysAnAztec on Jul 9, 2010 8:10:50 GMT -8
Things would have been much better from a deficit perspective if Bush didn't pay for both wars on the credit card.
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Post by aztecwin on Jul 9, 2010 12:11:21 GMT -8
Things would have been much better from a deficit perspective if Bush didn't pay for both wars on the credit card. How should he have paid for "The War on Terror"? He could have cut out most of the functions of government that are not provided for in our Constitution.
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Post by monty on Jul 9, 2010 12:51:10 GMT -8
we;re now about 10 years into both being a mess, what are the solutions? The war will be a long tough slog. It has to be done! The Economy? It will not be easy either. We have got to stop the spending that does no good and make it desireable for business to add jobs rather than export them. That means a hard look at regulation and tax policy. Are we at a point in our economy where booms will only happen with large scale (somewhat hollow) innovations? I mean: we don't really produce anything anymore, middle of the road to entry jobs are all outsourced, products are made on the cheap with borderline slave labor in 3rd world and developing countries and brought in with minimal tariffs, we require oil for basically everything we still actually do produce in this country (or the basic plastic and such components we get). Why did the economy do well in the 90s? Most of it was on paper with the growth of the internet and the increasing cost of homes. We make weapons and space components, develop software and internet stuff, what else, what else do we do well? I don't know if the out is increased protectionism but it would seem to be part of it - we have to start doing and producing something tangible.
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Post by AlwaysAnAztec on Jul 9, 2010 12:53:09 GMT -8
Things would have been much better from a deficit perspective if Bush didn't pay for both wars on the credit card. How should he have paid for "The War on Terror"? He could have cut out most of the functions of government that are not provided for in our Constitution. Win, the wars in Iraq and Afghanistan are the first wars paid for with borrowed money. All other wars were paid for by an increase, or imposition, of taxes. There was some 'borrowing' during WWII by the use of war bonds. This in essence was borrowing from ourselves.
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Post by monty on Jul 9, 2010 13:02:54 GMT -8
Things would have been much better from a deficit perspective if Bush didn't pay for both wars on the credit card. We've basically been fighting continuously for 70 years - when were any of them paid for? Eisenhower's farewell address discusses that conflicts and the military couldn't be simply retooled and ramped up using existing industry, perhaps wouldn't would be a more proper construction. We have created this incredible standing-reserve of weapons and men and the need (again, maybe desire would be the better construction) to replace them - so we have no peace dividend, we have an unending chain of battles, skirmishes, police actions and wars across the globe. We have men that have to be stationed and seasoned, we have payloads that have to be deployed so they can be replaced and so we do. Chris rock has a joke: you're telling me Cadillac can't make an ElDorado where the f'n bumper doesn't fall off - $#!+, they're not that stupid, ain't no money in that, t he money is in the comeback. We fight wars so we can resupply - we have to drink the plastic bottle of whiskey so we can go buy the Blue Label.
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Post by aztecwin on Jul 9, 2010 13:07:06 GMT -8
How should he have paid for "The War on Terror"? He could have cut out most of the functions of government that are not provided for in our Constitution. Win, the wars in Iraq and Afghanistan are the first wars paid for with borrowed money. All other wars were paid for by an increase, or imposition, of taxes. There was some 'borrowing' during WWII by the use of war bonds. This in essence was borrowing from ourselves. Tell me the difference in real terms from getting money from a credit card or issuing a bond. They are both deficit spending and both must be paid back in the same manner. The mechanics are different, but it is the same idea. Then comment on the idea of doing away with the many things that Federal government has no business doing.
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