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It's the economy... the single-most important issue we are facing right now. With 23 million unemployed or underemployed, and weak economic growth, we can't afford to neglect our economy. It is entirely possible for us to slip into another recession, or even a full-blown depression.
The number-1 reason to not support Johnson is his total lack of understanding about economics. His economic plan is two-fold.
1 - Reform the tax code, but keeping it revenue neutral.
2 - Cut spending, and have balanced budgets starting in 2013.
That's the problem. We are spending $3.729 trillion this year, about $1 trillion of that is deficit spending. Our GDP is $15 trillion. Our GDP growth is 1.7%.
$1 trillion in cuts is equal to 6.66% of our GDP. That means, we would see a GDP growth next year of approximately -4% to -5%. Instant recession
Now, where does that money go? Everywhere. It pays for public employees' paychecks. It pays for research projects(which pay for researchers, pay for products and services, etc). Almost every dollar the government spends contributes to the economy. If you cut $1 trillion in spending, you are going to see DRASTIC job losses. Let's just say that $200,000 = 1 job.
That's 5 million jobs being funded by that spending. You cannot simply cut government spending, without negative consequences.
Now, the second reason not to vote for Johnson, is that even if he were elected, he wouldn't be able to get any of this done. He wouldn't have either party on his side, by default. It would only lead to more stonewalling.
If civil liberties are what concern you, then work on them from where you can actually get things done. Your representatives. The effort that goes into campaigning for Paul/Johnson/Stein/Etc, would be much better put to use lobbying our congressmen to stop taking away our liberties, and get rid of PATRIOT and NDAA
Actually, it would probably just be easier to get rid of Congress and start over.
by Josak5 years ago
I think it would be great if we could debate the economy not on the basis of "commonly known" or presumed but on the basis of provable facts with sources. I'll start, US deficit for 2009 (last budget made by...
by ptosis4 months ago
Do you like the GOP tax bill that will increase the deficit by $1 trillion?If hate it then I ask you, did you contact your 2 senators that represent you via email or phone? Since 1971 the middle class has lost 30% of...
by lady_love1587 years ago
http://hotair.com/archives/2011/03/14/g … -recovery/Sure enough and government regulation is what caused our problems to begin with! Anyone that thinks Obama can fix it all with even more government is a fool!
by pisean2823117 years ago
The United States has spent more than $ 1 trillion on wars since the September 11, 2001, says a recently released Congressional report.Adjusting for inflation, the outlays for conflicts in Afghanistan, Iraq and...
by SparklingJewel6 years ago
...within his first three years as presidenthopefully they will run the numbers and see if it is so...http://www.politico.com/news/stories/10 … z1b2aMmbbo
by Scott S Bateman4 months ago
Trump's new tax law that deeply slashes taxes on rich people and large corporations will force an 84 percent increase in government borrowing this year to nearly $1 trillion.https://www.washingtonpost.com/news/won...
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