HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Why Libertarianism Doesn'... » Reply #38
Introducing Discussionist: A new forum by the creators of DU

Reply #38

In the discussion thread: Why Libertarianism Doesn't Work [View all]

Response to napoleon_in_rags (Reply #34)

Sun Jan 1, 2012, 09:07 PM

38. OK

"Help me out man, I'm hung over."

Let's look at each point you made:

Ending with this line:
"The president has proposed $478 billion in discretionary spending cuts and the Republican Study Committee has proposed $2.5 trillion in savings, but neither proposal would come close to even paying the interest on the debt."

I really don't care what Republicans propose because it always involves tax cuts for the rich on the backs of everyone else. Besides, it's their damn fault the deficit/debt skyrocketed.

President Obama proposed a $4 trillion package which Republicans rejected.
http://www.whitehouse.gov/blog/2011/04/13/president-obama-s-framework-4-trillion-deficit-reduction


I want to believe that there is a way forward like this, but I'm not seeing it in the numbers. I would love to be wrong here, and if I am, tell me how. Like I said, its my bread and butter, and I'm not looking forward to donning Franciscan monk robes to help the needy, but that's what will be left in any scenario where the government implodes due to debt.

Still, the goal isn't to finding a middle ground between really "ugly policies" and beneficial ones. It's to enact beneficial policies.


As a side note, I think there are some tax the rich plans that could really stimulate the economy. I envision a policy that taxes stagnant wealth, wealth not working in the economy, but rewards active wealth - money that's tied up in businesses and investments and so forth, money that's circulating and creating wealth. You want to penalize scrooge McDuck with his money bin of non-working capital, but reward anybody who actually is being a job creator.


Well, if you know who a "job creator," you might want to inform the GOP. They haven't been able to identify any: http://www.npr.org/blogs/itsallpolitics/2011/12/09/143398685/gop-objects-to-millionaires-surtax-millionaires-we-found-not-so-much

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 51 replies Author Time Post
ProSense Dec 2011 OP
TheWraith Dec 2011 #1
Poll_Blind Dec 2011 #25
Sarah Ibarruri Dec 2011 #2
Betsy Ross Dec 2011 #7
Sarah Ibarruri Dec 2011 #8
Sarah Ibarruri Dec 2011 #9
hifiguy Jan 2012 #49
Sarah Ibarruri Jan 2012 #50
JDPriestly Dec 2011 #11
Sarah Ibarruri Dec 2011 #12
dawg Dec 2011 #3
Sarah Ibarruri Dec 2011 #10
abelenkpe Dec 2011 #4
ProSense Dec 2011 #14
deacon Jan 2012 #36
onehandle Dec 2011 #5
PowerToThePeople Dec 2011 #6
quaker bill Dec 2011 #13
ProSense Dec 2011 #15
quaker bill Dec 2011 #19
ProSense Dec 2011 #21
freshwest Dec 2011 #17
izquierdista Dec 2011 #16
napoleon_in_rags Dec 2011 #18
ProSense Dec 2011 #20
napoleon_in_rags Dec 2011 #22
ProSense Dec 2011 #23
napoleon_in_rags Dec 2011 #24
ProSense Dec 2011 #26
napoleon_in_rags Dec 2011 #27
ProSense Jan 2012 #28
napoleon_in_rags Jan 2012 #34
LineLineLineLineLineLineLineLineLineLineReply OK
ProSense Jan 2012 #38
napoleon_in_rags Jan 2012 #39
ProSense Jan 2012 #40
napoleon_in_rags Jan 2012 #41
ProSense Jan 2012 #42
napoleon_in_rags Jan 2012 #45
MH1 Jan 2012 #46
napoleon_in_rags Jan 2012 #47
Night Ripper Jan 2012 #29
ProSense Jan 2012 #30
Night Ripper Jan 2012 #31
ProSense Jan 2012 #32
PeaceNikki Jan 2012 #33
deacon Jan 2012 #35
hughee99 Jan 2012 #37
TheKentuckian Jan 2012 #43
ProSense Jan 2012 #48
Quartermass Jan 2012 #44
ProSense Jan 2012 #51
Please login to view edit histories.