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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Sdgla who wrote (8238)	2/6/2012 11:41:46 AM
From: Steve Lokness	Read Replies (1) \| Respond to of 85487

<<<<Small business is the engine that will create the jobs needed to generate the revenue the government needs once the unfunded liability issues are addressed>>>> Well first as a Ron Paul supporter, I believe I'm the only one here that REALLY meaningfully addresses the debt. You are playing on the edges and if you think that by doing away with some of the regulations you are going to address the 50 -80 Trillion dollar debt, I would suggest you have no understand of how high that amount is. Yes small business is great, but small business HAS TO HAVE DEMAND. Where is the demand coming from? The consumer demand that amounts to 70 of spending is completely tied up in personal debt. Debt heaped on top of debt during the housing bubble. People can't magically create demand if they have no money!! What do you think the fed and Bush were/are trying to do? Spur spending by lowering interest rates and cutting taxes.? Interest is at zero and only 50% of the people now pay taxes. How much lower do you think these two biggy items can go? WHERE is demand to come from?