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How to cut the Debt

By NoCoupForYou follow NoCoupForYou   2019 Dec 26, 4:25pm 360 views   10 comments   watch   nsfw   quote   share    


1. Close the Borders
2. Eliminate government programs, like the one that cancels student debt if somebody goes into "Public Service" for 10 years, which includes BS like non-medical lib arts majors talking with Hep C/HIV positives for some reason, as if that can fix anything except encourage more freeloading.
3. Raise Tariffs to a flat 25% - 10% for our allies - in order to grow US Economy and keep wealth circulating inside the country to grow out of debt.
2   Patrick   ignore (1)   2019 Dec 26, 6:24pm     ↓ dislike (0)   quote   flag        

Sounds good to me, though maybe 25% is not enough to compete with countries which have no labor laws or pollution standards.
3   SunnyvaleCA   ignore (1)   2019 Dec 26, 8:25pm     ↓ dislike (0)   quote   flag        

4: Cut war spending back to 1990s level. That should be easy if you pull out of endless non-authorized wars.
4   SunnyvaleCA   ignore (1)   2019 Dec 26, 8:26pm     ↓ dislike (0)   quote   flag        

5: Change social security and similar programs such that you can't ever get more than 2x what you put in.
5   Booger   ignore (5)   2019 Dec 26, 8:44pm     ↓ dislike (0)   quote   flag        

Patrick says
Sounds good to me, though maybe 25% is not enough to compete with countries which have no labor laws or pollution standards.


Absolutely way too low. You would pretty much never know that we have tariffs on some Chinese goods.
6   Misc   ignore (0)   2019 Dec 27, 7:35am     ↓ dislike (0)   quote   flag        

SunnyvaleCA says
4: Cut war spending back to 1990s level. That should be easy if you pull out of endless non-authorized wars.


You can't cut the military budget back that much because about a third of it is spent on retirement pensions. It's as much a social program as anything defense related.
7   Fortwaynemobile   ignore (2)   2019 Dec 27, 12:22pm     ↓ dislike (0)   quote   flag        

Easy, don’t spend what you don’t have.

Won’t happen, government has no accountability so spending and stealing is all they do.
8   HEYYOU   ignore (47)   2019 Dec 27, 12:34pm     ↓ dislike (0)   quote   flag        

Stop taking on debt.
9   HeadSet   ignore (3)   2019 Dec 27, 2:57pm     ↓ dislike (0)   quote   flag        

HEYYOU says
Stop taking on debt.


Yes, like some municipalities. You only spend this year what you collected in taxes last year.
10   SunnyvaleCA   ignore (1)   2019 Dec 27, 4:35pm     ↓ dislike (0)   quote   flag        

Patrick says
Sounds good to me, though maybe 25% is not enough to compete with countries which have no labor laws or pollution standards.

If you go full-on with #2 from first post (eliminate government programs) 25% tariff might be enough... since there is no welfare you work for cheap or starve. American workers can be very productive if given the right situation. Plus, raw materials sourced in the USA don't have to travel to China and then back as finished goods; that's a natural advantage for American workers.

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