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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'd like to know what the plan is for tackling this massive national debt. It's approaching $61,000 for EVERY PERSON in the U.S. You could levy a 100% tax on all millionaires and only fund the government for 4 months. Then what? We've clearly over promised. We won't deliver. We will collapse. There's no way around that math. You think it's a nightmare if we cut back 5% or 10% program now? Wait until the programs just go away because there's no money to support them. That's the laws of economics kicking in, and those laws have NO compassion. I suggest some bleeding hearts around here get real, because it's about to get real. [/quote] there will not be a single answer, but immediate freezie hiring for all federal agencies, and cutting every agency by 10% over next 2 years is a start and doable. The federal gov shutdown had no impact to most people. solve the H1B fraud by instituting a tax. Since Silicon Valley says it needs the best and brightest, they should be willing to pay a tax to get them. Eliminate Limits and tax companies $30,000 per H1B per year is a good start, for the 600,000 H1Bs in country in any year, would get us 18B a year. This way if companies need the best and brightest they can get as many as they need. And the INdian bodyshops will be able to provide as many as they can get. Eliminate the DEA and save 3B a year. There are many many ways to start reducing the debt without impacting the working class.[/quote] You aren't even making a dent! US Budget in 1 Day: $10,460,188,800. (2011 numbers - it's worse today) Of the total money shown above, the US Government borrows $4,506,849,315 (4 billion, 506 million) each day.Jan 26, 2012 $10,460,188,800 a day divided by 320,000,000 people is $32 a day per person. Everyday! Seven days a week and we borrow or print $14 a day per person. Do you see the problem we're in, because we already have $61,000 per person to make up in today's dollars.[/quote]
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