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Politics : Mainstream Politics and Economics

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To: Steve Lokness who wrote (117)	8/30/2011 10:33:25 AM
From: Bearcatbob	1 Recommendation Read Replies (1) of 85487

How to balance the budget: Great subject for discussion. First tell the American people the truth and not campaign lies that by taxing the top 2% we can solve our problems. Second, it will take a compromise in the terms of revenue. To me the compromise is obvious - close loopholes and not increase rates. End the war on business - with out successful corporations there is no hope - nourish the golden goose - not demonize it (perhaps this is one of the greatest idiocies of Obama). This is best done by reforming the regulatory process and the tax code. We need more rich people! Restrict the growth of spending by law to say 50% of GDP growth. If spending is restricted priorities will have to be set. Now this is a good one - the big spenders will cry we are starving children and killing granny. It is such a corrosive lie. What it means is priorities have to set. That means spending goes where it is needed - not to feed every ones pet projects. End our role as policeman of the world. This is not difficult. Tell the populace the truth. Grow the economy and restrict the rate of spending growth. Bob

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