JMUDunk
Rootin' fer Dukes, bud
Posts: 29,501
Joined: Jan 2013
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I Root For: Freedom
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RE: Possible to Lower Taxes, Invest in National Security, and "Eliminate Debt&quo...
(06-08-2015 12:53 PM)vandiver49 Wrote: (06-08-2015 12:46 PM)JMUDunk Wrote: (06-08-2015 08:58 AM)vandiver49 Wrote: (06-07-2015 03:48 PM)JMUDunk Wrote: Lol.
Why is the one word that is THE only way out of this mess continually ignored, missed or forgotten?
We can't tax our way to prosperity, it's been tried, time and time again and has failed spectacularly every time. Why this belief that sucking ever more money out of peoples pockets so we can send it to DeeCee where they can decide what to waste it on is a good idea is waaaaay beyond me. Or any other rational person for that matter.
We can't cut our way out of this, not in the current Santa Clause climate. There isn't the political will from either side to actually CUT, not "reduce the rate of growth" and call that a cut, but make real cuts in real $$$'s spent. Not gonna happen. If we can't eliminate such useless bureaucracies like the Dept. of "Education" or the Department of "Energy" (can anyone tell us what our current energy policy specifically is? Other than prices will necessarily skyrocket?), then we can't cut anything.
Most of the money is being sucked up by entitlements anyway, and we do nothing currently other than rush as fast as we can to expand those entitlements. To record levels. We are entitlement Nation, and it's now become ingrained in our societal culture. If you, instead, work hard, play by the rules, scrap, save, put off the instant gratification or graft of taking from others, in other words eschew the entitlement mentality, you are called an idiot. Only an idiot would do all those things today, rather than game the system like everyone else.
So that leaves only one way out of this or making it possible to put off the inevitable-
Growth. Grow the freaking economy for a change, and I mean real growth. Not this paltry 2.4% annual, with qtrs of retraction sprinkled in there, but real, robust, sustained growth. 4,5, even 8% annually and watch the tax receipts pour in.
Get government and the shadow government, the bloated bureaucracies who's real mission each and every day is to maintain their useless positions, out of the way and let the American people get back to work.
Perry did indeed help to make this happen in the Great State of Texas, and there are other good governors having similar success elsewhere, despite the best efforts of the Federal stymie machine. So we know it can be done.
Get this economy going again for the first time in nearly a decade and a lot of these problems simply go away. Many of you here have probably never really witnessed a truly roaring economy, so have no idea. But it can happen, and as history as our guide we know how to get it going. Question is, are we too dumb to put the right kind of people in the right offices to help facilitate this, or do we continue down this same failed path?
I fear we've become too dumb.
I'm of the opinion that there isn't that much growth to be had. Technological efficiency has resulted in larger revenues with less employment.
And people have been saying that for the entire history of mankind. "Everything that can be invented has been invented." was coined by the head of the Patent office in the late 1800's, supposedly. I think that has now been debunked a a poor interpretation, but the sentiment has now been around for well over a century.
This was prior to the first flight! We had a similar, momentary stall in the early-mid 80's as well, and a common belief or sentiment was that we would be overtaken soon enough by the Japanese. Yea, that didn't happen.
I don't know what the next "BIG thing" is going to be, if I had to bet it would be in the bio-medical fields, cancer and other diseases research and cures, 3-d manufacturing and other fields just on the cusp.
There's a lot going on out there right now, but for the folks currently sitting on the sideline it's only going to become that much tougher to get back in later.
I didn't say that we are running out of stuff to invent, just that it is no longer necessary to employ scores of people to get the job done.
Well, no, we're not going to be hand digging the Panama Canal again, and I do get your point, not just being an asss, I just happen to disagree. We have jobs ALL OVER the place that need filling, we simply don't have the right folks to fill them.
Someone has to do the inventing too though, correct?
Then the manufacturing, the implementation of systems etc etc. For every job that's lost to automation by using robotics, we pick up a couple making the robot, or maintaining them, "supervising" them etc.
The energy sector is another obvious area, we develop more and more of an insatiable need for energy every day, with every new gadget we plug in.
I think there's lots to do, we just need a labor force willing(?) and able to do the jobs.
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