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If you were able to come up with a solution to this budget crisis what would you do?
Besides blame the other party which is useless and a distinct reflection on you. I do not understand why it is so hard to come up with a plan that would bring in revenue and cut spending.
8 Answers
- 10 years agoFavorite Answer
STOP SPENDING. Cut all the useless departments that have no bearing on anything. But most importantly STOP SPENDING.
- Jacek PLv 510 years ago
Cutting spending is not a realistic option. Anything that could have been cut has already been cut. In the past USA could afford to send men to the Moon, now American astronauts will be flying in space on Russian rockets.
The government has to pay interest on treasury bonds, it has to pay pensions, it has to maintain military and police, and paying welfare is cheaper than having millions of homeless people on the streets.
The solution to the budget crises is to change the taxation system from income based to wealth based. Taxation based on income is bad for the poor but good for the wealthy and that is why the wealthy and powerful prefer the current taxation system. Unfortunately, income based taxation can not generate enough revenue to meet the fiscal responsibilities of the government.
- Larry SLv 410 years ago
Cut every department by 10% to start, more to come and start closing foreign military bases, if they can't back us, let them see what it feels without US support, but foremost cut useless spending, vague, but too long for here to read and people don't care.
- Anonymous10 years ago
Yes. Stop spending, cut all these worthless departments and things we don't need. Stop borrowing money from other countries. End the Federal Reserve. Much of the money we owe is owed to them, not to China.
Why can they issue us money at interest?
You thought the oil millionaires were crooks, wait til you look at the Federal Reserve Bank. Foreign owned too. All they have to do is print too much money, devaluing the dollar and therefore crashing our economy.
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- hwinnumLv 710 years ago
The solution is simple - cut unnecessary expenses and trim the necessary ones. What's difficult is getting people with diametrically opposed views to agree on it.
- Anonymous10 years ago
Stop spending more than you bring in.
Any idiots from Goldman Sachs that run our government know anything about cash flow?
Ivy league educations can't subtract payables from receivables?
- Abraham LincolnLv 710 years ago
I would ACTUALLY DO WHAT OBAMA SAID HE WAS GOING TO DO. A line by line review. John Stossel had a real good show tonight, he outlined a huge amount of gooberment waste!
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- ?Lv 610 years ago
I already have one, but I am a liberal minor, so I can't get anything done as of yet.