Cuba
Junior Member
The bankruptcy of America, the original topic, can be averted by two methods. Yes, one way is to cut spending. But, as history shows us, no politician, Democrat or Republican, has historically been able to do that. Irresponsible government spending has been a part of our nation for as long as I can remember. In the 80's, Reagan's DoD bought toilet seats for $500 and hammers for $200. In 2006 Bush's DoD spent $998,798 to overnight 2 19-cent washers to Iraq. As long as politicians are spending someone else's money, it will be spent in the most effective way to line their buddies pockets. Don't get me started on no-bid contracts. Irresponsible spending is the status quo. Nothing, short of a full replacement of our government, is going to change that.
The other option for preventing America's bankruptcy is to increase revenue. The government can and has done that by increasing taxes and it worked, as shown in the graphs above.
So, we have 2 solutions. One of which is impossible without completely gutting the current government and replacing it with another.
The other solution, increasing revenues, is feasible and has been historically proven to work. To me, the choice is a no-brainer. That is my argument for how to prevent America's bankruptcy.
Contrary to what you believe, I am not in 100% agreement with all of Obama's policies. I believe in investing in our country's infrastructure. I believe the most important things to all people are good health and a good education. I believe we are obligated to look for alternative energy sources, and ways to curb our fossil fuel consumption. I believe we are responsible for the damage we are doing to the environment, and we should take action to repair current damage and prevent future damage. I believe government money should be spent, but spent wisely. I believe when the guy before you leaves a huge mess to clean up, you'll have to do things you don't want to while cleaning it up. Most importantly, I believe we, as a unified country, are much stronger than a country of self-centered individuals.
So blind faith then. Gotcha, that's what I thought. Not trying to be offensive to you, but my issue is that every single person that I have spoken to about this topic that does not agree with me has no solid reason why. They can't explain why. They can explain that Bush was a bad president and spent too much, they can explain that healthcare and education are important, but they cannot explain to me how printing trillions of dollars to spend your way out of a global recession will work. They can't explain how all of the economists are wrong. They cannot make a single compelling or convincing argument FOR these policies. This both scares and saddens me. I WANT to be wrong, if I'm right we're all in for a very depressing era in America. But so far no one has even come close to showing me that I am. They all seem caught up in the idea that Obama is just the greatest, and even though everyone is saying this is unsustainable, wasteful, shortsighted, and will extend and deepen the recession, they just close their eyes and bask in the faith that Obama will provide. Never mind that he has zero education or experience in economics, or that all of these policies have been tried before in other countries and have failed miserably. Nevermind that this utopian model he is striving for, the European model, has a standard level of unemployment over 10%, and the citizens are totally reliant on near bankrupt governments to provide them with welfare handouts for survival. Look at France, that is what our plan is? Even if a plan like that "succeeds" we will have higher unemployment than we do today, and instead of the government relying on and answering to the people as was intended by our founding fathers, it will be quite the opposite.
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