VT Sean Lewis
This can be fixed, but because of irresponsible fiscal policies by
the Bush and Republican Party it will be painful to reverse.
MJ
The problem is you fail to provide causality. Most of the
economic problems TODAY are rooted in the interventionist
policies that were enacted decades ago and subsequently
manipulated endlessly SINCE then -- but then that is the
problem with "planning".
VT Sean Lewis
Sunset the tax cuts, the US government needs the cash.
MJ
Tax rates, of course, are not zero sum.
People do not behave the SAME way when circumstances
change. Consider Gasoline prices ... INCREASING prices
will result in less consumption ... and subsequently, lower
profits. The SAME occurs with tax rates. Tax someone 95%
and he will seek to employ his money/time elsewhere. Now
you LOST that 15% or 35% or whatever you were previously
stealing.
There is SOME rate at which RETURN is maximized -- it
is much LOWER than currently exacted.
VT Sean Lewis
Cut ALL US Budgets by 1/4 of the deficit. (example if
the deficit (on and off budget) is 10% cut all budgets
by 2.5% for 4 years. Based this on the previous years deficit
not projected deficit. If the Deficit is higher than 25% do it
for 1/8 or eight years.
MJ
The Budget should be slashed by far more than the "Deficit"
which can be anything from NEGATIVE to POSITIVE.
VT Sean Lewis
Means test Social Security, Medicare and Medicaid until the US
Budget has a surplus to pay back the loans from these agencies.
MJ
What "loans"? Where is it you imagine Government is going
to "invest" (really invest and NOT the Orwellian crap) these
taxes collected?
These travesties should be ABOLISHED ... Savings should be
tax free (providing the incentive to do so). That, in itself, would
help on all sorts of levels. Similarly, with Government OUT of
health care, the prices can get BACK to their reasonable levels
that PRECEDED these interventions.
VT Sean Lewis
Give significant tax breaks to US corporations that bring back
exported jobs to the US that increase the net jobs within the US
for that Corporation.
MJ
How does one "export" a Job? Whose "jobs" are being exported?
Companies have left the US due to the regulatory burden and
the silliness of the so-called judiciary system/process.
VT Sean Lewis
Raise the Alternative Minimum Tax to exclude tax payers making
less than $75,000 and step ladder it to $125,000.
This is a quick and dirty explanation, but if this is not done the
economic slowdown will accelerate.
MJ
Instead of your planning that cannot plan ... Government spending
should be GUTTED, Taxes should be SLASHED and the regulatory
burdens lifted.
Regard$,
--MJ
I sit on a man's back, choking him and making him carry me, and
yet assure myself and others that I am very sorry for him and wish
to ease his lot by all possible means -- except by getting off his
back. -- Leo Tolstoy
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