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A challenge to those on the left
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georgia_tech_swagger Offline
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Post: #1
A challenge to those on the left
Balance the federal budget.

I genuinely want to see somebody from the left have to make the tough choices required for this country to live within its means. Because it will *require* massive spending slashes in entitlements and defense IMO. There's just not enough money elsewhere, including a 100% tax on all income over $500,000/yr, to make up that gap.
12-21-2017 02:16 PM
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Redwingtom Offline
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Post: #2
RE: A challenge to those on the left
I have no issue what that whatsoever.

Defense needs cut no doubt. As far as entitlements go, I'd rather they spend a little more money and streamline the processes to root out the fraud, and then see what can actually then be cut after the waste is taken out of the equation. Same thing goes for all the other cabinet level government programs. These types of cuts combined with modest tax increases should quickly balance the budget. The current deficit is only $664B and is actually falling as I type.
12-21-2017 02:33 PM
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georgia_tech_swagger Offline
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RE: A challenge to those on the left
(12-21-2017 02:33 PM)Redwingtom Wrote:  I have no issue what that whatsoever.

Defense needs cut no doubt. As far as entitlements go, I'd rather they spend a little more money and streamline the processes to root out the fraud, and then see what can actually then be cut after the waste is taken out of the equation. Same thing goes for all the other cabinet level government programs. These types of cuts combined with modest tax increases should quickly balance the budget. The current deficit is only $664B and is actually falling as I type.


Have at it ... looking forward to hearing what you'd cut.

https://www.whitehouse.gov/omb/
12-21-2017 03:12 PM
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tanqtonic Offline
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Post: #4
RE: A challenge to those on the left
Isnt that a massive challenge for the supposed 'right' as well, GST?
12-21-2017 03:13 PM
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georgia_tech_swagger Offline
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Post: #5
RE: A challenge to those on the left
(12-21-2017 03:13 PM)tanqtonic Wrote:  Isnt that a massive challenge for the supposed 'right' as well, GST?


Not really. Those in the rank and file elected establishment GOP? Absolutely. The grassroots? It isn't hard to find a Republican eager to cut.
12-21-2017 03:15 PM
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tanqtonic Offline
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Post: #6
RE: A challenge to those on the left
But you are simply highlighting a huge bifurcation between the rank and file GOP and one that actually believes in the what the Constitution is -- a blueprint for *limited* power central government.

I cannot call myself a Republican in this day and age; too many in that organization are true believers in big government (albeit in a different way than supposed progressives) and are true believers in massive government intrusion into social issues (whereas progressives simply like massive government intrusion into economic affairs for the most part).

Just saying the implied call on the 'left' really makes no distinction with what is roundly perceived to be 'right' these days. (And just another reason why I hate the broadbrush distinctions of left/right and conservative/progressive these days.... but I digress....)
12-21-2017 03:30 PM
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arkstfan Away
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Post: #7
RE: A challenge to those on the left
Well the right hasn't exactly won the day on the issue either. A big reason I identify less and less with the GOP.

The math is incredibly easy. It's convincing the public to not run you off when you apply the math.

Deficit post-TARP etc is running $400 billion to $500 billion. We will take the high end, $500 billion.

Current US defense budget is $824 billion. Let's take that back to $700 billion by scaling back some of the system purchases and closing some of our overseas presence (we were spending $625 billion just three years ago).

So that takes the deficit to $375 billion.

Mortgage interest deduction is around $490 billion a year yet it has failed to stimulate home ownership as promised, we barely lead the UK to be 41st in the world in home ownership rate. Toss out the dinky countries and countries with crap economies and the US is still behind Norway, Iceland, Italy, Finland, Belgium, Sweden, Ireland, The Netherlands, Canada, Israel, Australia, France, and New Zealand. The new tax law is probably going to knock out over half of that as people opt to not itemize. Let's say the future cost is $200 billion. We eliminate that and now only have $175 billion left to deal with.

If medical spending were in line with peer nations on a per person basis, our current spending on Medicaid, Medicare, and VA medical would adequate to cover every American. The tax deduction for employer provided health care costs just under $700 billion.

Repeal the law prohibiting Medicare from negotiating drug prices and adopt common sense rules like most insurers have of requiring you to start with a generic before trying more expensive medications. That saves so money. Repeal the health insurance deduction and boost the medicare tax how much you go up depends on what sort of health plan you want. Presumably no one wants a UK system which is VA turned Hulk but rather either a Singapore plan that is very high deductible, or a Medicare for all that provides basic coverage and you pay out-of-pocket if it you want more coverage, or 5-10 regional plans more like Canada.

Any way you cut it, absent malfeasance you put more money in the hands of the average consumer, lower business costs (making the US more competitive on the world stage) and cut the costs of home and auto insurance and workers comp by eliminating or capping medical coverage.

Get the budget balanced and within 30 years you've retired the Federal debt, since the deficit includes debt payments.
12-21-2017 03:31 PM
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GeminiCoog Offline
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Post: #8
RE: A challenge to those on the left
(12-21-2017 03:30 PM)tanqtonic Wrote:  But you are simply highlighting a huge bifurcation between the rank and file GOP and one that actually believes in the what the Constitution is -- a blueprint for *limited* power central government.

I cannot call myself a Republican in this day and age; too many in that organization are true believers in big government (albeit in a different way than supposed progressives) and are true believers in massive government intrusion into social issues (whereas progressives simply like massive government intrusion into economic affairs for the most part).

Just saying the implied call on the 'left' really makes no distinction with what is roundly perceived to be 'right' these days. (And just another reason why I hate the broadbrush distinctions of left/right and conservative/progressive these days.... but I digress....)

Agreed. A Republican (member of the GOP) and a republican (one who believes in the Constitution) are now two separate definitions. It's becoming rarer and rarer these days to find a republican that is also a Republican, though they're still out there. Ted Cruz is a good example. Same with Rand Paul. Marco Rubio, to some degree, also has fundamentally republican (again with a lowercase r) beliefs. (And that's just in the Senate.)
12-22-2017 03:48 AM
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solohawks Offline
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Post: #9
RE: A challenge to those on the left
getting it balanced and keeping it balanced are 2 very different things.

even if we got it balanced, something is bound to happen that would be used to justify reintroducing deficit spending
12-22-2017 09:10 AM
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arkstfan Away
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Post: #10
RE: A challenge to those on the left
It ain't a Republican or Democrat problem anymore.

It's a child-like faith that everything will magically work out.

There is ample polling data showing that there is not one program outside of foreign aid that a majority of Americans desire to see cut but there is no majority support for actually paying for the things the public demands.


The GOP wave candidates swept into office in 2010 to be fiscally responsible just voted to increase the deficit.
12-22-2017 02:01 PM
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