Thread: Time to Learn from Canada & Puerto Rico

Originally Posted by GearsMcGilf

Our libbie friends just may be right. Perhaps we should follow Canada's lead afterall. Only, they may not like it as they just want the freebies and higher taxes on the wealthy, but not the cuts that had to be made in order to fix their economy.

RealClearPolitics - The Money Hole

They (Canada) also raised Taxes. So are you saying Obama is right?? The left needs to put S.S. and Medicare on the table and the Right needs to raise taxes?

I would be for that, I think they should cut D.O.D. in half too

There is a lot more to it than that. We fund the hell out of everything around the world. Cutting all that stuff would be a good start.

Stop:
- Paying for illegals (spend that money on Americans).
- Stop paying for 2.5 wars that will have no long-term benefit.
- Giving tax breaks to corporation that are far too large.
- Paying out billions to unworthy countries.

If we did just those few things, it would stem the loss and go a long way to a balanced budget.

Originally Posted by hoyle21

They (Canada) also raised Taxes. So are you saying Obama is right?? The left needs to put S.S. and Medicare on the table and the Right needs to raise taxes?

I would be for that, I think they should cut D.O.D. in half too

Perhaps. We probably wouldn't even have to touch medicare and SS if we made cuts in the right places anjd closed tax loopholes. Afghanistan and Iraq would be a good place to start. Closing down military bases outside of the mainland is another. Look for other wastes, reform the tax code in order to close loopholes. This alone would go a long way towards cutting the deficit. Then, once that's been done, we can decide if any tax increases are even necessary.

Originally Posted by GearsMcGilf

Perhaps. We probably wouldn't even have to touch medicare and SS if we made cuts in the right places anjd closed tax loopholes. Afghanistan and Iraq would be a good place to start. Closing down military bases outside of the mainland is another. Look for other wastes, reform the tax code in order to close loopholes. This alone would go a long way towards cutting the deficit. Then, once that's been done, we can decide if any tax increases are even necessary.

Originally Posted by GearsMcGilf

Perhaps. We probably wouldn't even have to touch medicare and SS if we made cuts in the right places anjd closed tax loopholes. Afghanistan and Iraq would be a good place to start. Closing down military bases outside of the mainland is another. Look for other wastes, reform the tax code in order to close loopholes. This alone would go a long way towards cutting the deficit. Then, once that's been done, we can decide if any tax increases are even necessary.

The far right considers closing loopholes a tax hike. They refuse (so far) to budge from that position. I agree on Iraq and Afghanistan, and the military bases. I have a buddy stationed in Germany right now, and we are honestly paying for him to party every night. The guys facebook is updated of the previous nights drink-a-thon every day.

Originally Posted by Zaphod

There is a lot more to it than that. We fund the hell out of everything around the world. Cutting all that stuff would be a good start.

those monies keep the neo-liberal economic machine going and spreading. that's why that ideology relies on such a strong military to squash resistance by the people, it's not for defense of the borders.

besides the US there isn't a country in the world where you can get a fixed rate 30 year mortgage. that may have something to do with the low pay here. in Canada you might get locked into a fixed rate for 3-5 years max.