(09-05-2012 03:07 PM)Redwingtom Wrote: (09-05-2012 02:31 PM)Owl 69/70/75 Wrote: (09-05-2012 02:27 PM)Redwingtom Wrote: Yet our Socialist Presidente, in the infancy of his administration with a glourious chance to take over the means of production, just sat by and let 1,200 union workers stay unemployed when he could have taken over the auto industry and started making cars with the mere flip of a switch. Yeah...doesn't even pass the smell test....unless...Obama isn't a....oh...of course he is...who am I kidding!
No he did not have that chance because congress, even under control of democrats by a significant majority in both houses, would not have backed him up had he tried. So he could not have done it with a flip of the switch and your entire argument fails miserably.
The fact that many center-left to center democrats are not socialists does not prove that Obama isn't.
BTW - I don't think you ever answered me as to if you want to abolish Medicare, Social Security, Food Stamps, Welfare and the Earned Income Credit.
Since I've laid out my approach at length on all those matters, I didn't think I really needed to rehash, but if you insist:
Medicare--I would go to French health care, which would replace Medicaid immediately. The system would work a lot like Ryan's idea for Medicare. Medicare would get smaller because the French care would fund a significant part of what Medicare funds now. I would pick a cutoff point, probably 50 to 55, and everyone above that gets the option to choose French care now and no Medicare or choose to get Medicare when eligible but nothing before then. Under that cutoff age the benefit of French health care from now to 65 significantly outweighs the impact that Medicare is more generous than French health care.
Social Security--I would go to the Swedish system of part government, part privatized. I would also remove the salary cap altogether (makes no sense, this is the most regressive tax we have now), and make some reforms to payments (gradually move the retirement age to 68, lower the inflation impact on the upper end of compensation but not the lower, so evernually they merge, at which point the privatized accounts have kicked in fully). And I would make that the only tax on individual incomes, remove the individual income tax altogher, and replace it with a consumption tax and a business/investment income tax.
Food stamps and current "means tested" welfare programs--In conjunction with the consumption tax, I would implement the Boortz-Linder prebate/prefund which would provide a baseline safety net for everyone. I would then move food stamps and our other current "means tested" welfare programs to the states; since we've saved them a bunch of Medicaid/Medicare costs with French health care, they can afford this; some states would take the current programs, some states would expand them, some states would probably cancel some of them--all are fine.
Earned income credit--This is basically replaced by the prebate/prefund, which is an adaptation of the Milton Friedman negative income tax to a consumption tax enviornment. Since the negative income tax is the intellectual precursor to the EIC, the effect is to step up the EIC.
Now I'll play along and see where you try to go with this.