I know the rich feel like they are getting beat up. Honestly though they’ve reaped huge benefits from all the countries under distress including this one. So here is my proposition, get all the wealthy folks to donate a one time check to pull this mess together. We hear so much from them as far as the charities and good they’ve done. Well quit talking about it and do your neighbors a solid. Write a check. If you don’t want your taxes raised be part of the solution. In the end the instability and joblessness will affect you. Step out of your ivory tower and send a check to the people who helped you get where you are. This is greed and selfishness at it’s apex.
Same with regular folks. One way to stop the madness combined with a balanced budget is to inject some capitol. If everyone wrote a check to the treasury today for what they wouldn’t even miss I’m sure we could pay the debt.
Here’s a suggestion Obama, put up a website and take donations from the people. Let them be the solution and then get Washington’s head out of it’s ass. We can fix this if everyone would make a small effort.
Quit bitching and write a check.
I just took a look at the US Debt Clock. Pretty interesting website if you haven’t already checked it out. It really puts into perspective the real mess.
The only problem with the solution mentioned above is that until the US federal budget deficit actually turns into a surplus we will get back into the same mess. I don’t mind to pay my fair share of the burden, but first the budget needs to be fixed.
I agree a 100% but I think someone needs to act. Washington seems happy to sit on vacation and then will inevitably get back to the stalemate. Something has to give to start a solution.
This is a false choice. The real issue here isn’t deficits or debts. The problem is spending. Government has to stop spending more than it makes. Think of it like this: imagine you make $32,000 but you spend $59,000 in a year. Now, you are $27,000 in debt. In the real world, what do you have to do? You can’t go to your boss and demand he pay your more – or go to your clients and demand they pay you more simply so you can keep your spending habits. Obviously not. Rather, you have cut the amount of money you spend. The same applies to government. Rather than making people pay more of their hard earned money – not matter how wealthy – why not cut the spending of government.
Taxation rates can stay exactly where they are now and if government cut its spending to where it was a decade ago, our deficits would disappear and surplus could pay down debt.
Rather than this common sense approach of cutting, we thing we can shake the sugar tree of the rich and more goodies will appear. It doesn’t work that way; never has, never will.
I agree we need to stop spending so much, that’s not the point. The point is that we have a problem, a big problem and only one side is willing to come to the table. If cutting programs is on the table it’s fair to say tax reform is as well. It would be fine to protect the sacred wealthy few if they didn’t ride on the backs of the middle class and lower. They truly are cutting their own throats by lobbying to keep their tax privileges. What about taking a balanced approach? He’ll why should most of us care if the rich pay more taxes. I doubt anyone on this site qualifies to be in their club. The fear is that if we upset the king he’ll send us to guillotine by not creating jobs. Well if the king starves his subjects there are no heads to roll. If the elite want to lead then let them do so from the front.
I’m all in favor of tax reform. Close all the loopholes and deductions (save characterizes) and institute a nice, flat tax. Fair, knowable, and workable…
But, none of it will matter, if we don’t cut spending and reform our entitlements.
Agreed on all points.
That should be save charities…autocorrect drives me crazy!