[quote]VTBalla34 wrote:
[quote]VTBalla34 wrote:
Let me be first be clear that I voted for Obama mostly because the Republican side has disgusted me int he past six or so years with fairy tales and lies about global warming, birtherism, ignoring the damage that Bush did to the economy, the ability of the free market to regulate itself, trickle down economics, pandering to the Christina rightwingnuts, and that anyone who is against them are freeloaders and don’t work/pay taxes. maybe this is just politics, but it resonated particularly hard with me.
This is in addition to the fact that we have had 32 straight months of job growth after a massive (8 million+) period of job contraction. I feel that Obama has us back on the track for economic growth and sustainability. I am willing to overlook the massive spending in that time because the Keynesians say that’ what it takes and have a successful track record with economic recoveries.
That said, you treat the welfare programs as a hand-up and not a hand-out. When the economy is humming along again and jobs are readily available, you wind down the funding to levels that are more sustainable. This will certainly cause a back lash and won’t be politically popular, but it has to be done. Public shaming of those on the government dime unnecessarily would be helpful too (I am not a political corectness nazi).
A restructuring of the entitlement programs (I really hate that term but I guess that is what they are, as long as you are distinguishing them from actual welfare) is in order, but I am not even going to pretend to know how to address that. I have not seen viable solutions coming from either side.
Tax reform must also be on the table, and the tax rates that Bush lowered should be allowed to expire across the board (there I said it). I would love to see an actual consumption (Fair Tax) that removes the income contribution entirely, but I don’t think that is ever going to materialize in this universe.
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I should have noted that I would have no qualms about electing a Republican to perform these tasks, if they come to a more reasonable stance on the issues I mentioned that I have with them in my OP.
Just like any good bubble, you need to deflate it slowly and not pop it. So far it doesn’t seem we have been able to learn our lesson and accomplish that.
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It’s a bubble not a balloon. When you try to slow it down, it just slows down recovery. What is this the New Deal? Thought we learned our lesson with FDR and his socialism.