How would you solve the national debt problem?

1. 60

   Peter Dimairaposted 10 years ago

   I am just curious what most people will answer with, but I think I know what the answer is going to be....

   replyreport
   1. 60

      Peter Dimairaposted 10 years agoin reply to this

      has anyone given thought to what taxes would be brought in and how much money we would save if we regulated drugs? Or even done some quick math-or research the states boost in revenue that have legalized? just curious I watched a youtube video and that inspired the question

      replyreport
      1. 78

         psycheskinnerposted 10 years agoin reply to this

         But what costs would increase also?  Alcohol is arguably very expensive for our society via road death, health care, lost of working/parenting ability through addiction etc.

         replyreport
         1. 60

            Peter Dimairaposted 10 years agoin reply to this

            I agree with you I don't drink because of that, but It is really the peoples irresponsibility that affects that. The incarceration of several users in fact 88 % of county jail population would be better off with no court involvement and only fines. If it is government regulated that will lead to bigger arrests and as far as the arrests now by the border they recover millions in cash per day where does that go do you think? idk its just a topic in which I would value oipinions

            replyreport
2. 0

   Grey Templesposted 10 years ago

   First, the American government needs to stop the endless waste of money.  Honestly, $8 million for parachuting dead mice into Guam to kill snakes and of course the purchase of Russian Choppers.  My Goodness, I do believe a new Government is needed

   replyreport
3. 0

   ahorsebackposted 10 years ago

   The most important single issue with our government spending today is the epidemic of apathy  in the American voter ! Who is your congressman[woman] do you even know ? America just doesn't freakin care enough!

   replyreport
   1. 0

      Grey Templesposted 10 years agoin reply to this

      Not anymore they do not.  A pity actually.

      replyreport
4. 72

   EGamboaposted 10 years ago

   Tax super-funds 20%, start with that.

   replyreport
5. 78

   psycheskinnerposted 10 years ago

   1) Balance the budget, including making disaster respond in budget (there are disasters every year so there should be a fund to cover this need).  You can only start to pay down debt when you stop creating even more debt.

   replyreport
6. 60

   CHRIS57posted 10 years ago

   For the US of A: Is there a National Debt Problem in the first place?
   Aggregate public debt stripped of intergovernmental loans is some 78% of GDP. Total debt of all participants in the economy (public, private household, corporate and financial business) is some 300% of GDP.
   
   Where is the big issue if total assets of the US giant economy is some 900% of GDP to stand in as collateral?
   
   What has to be done is balance budgets and reduce consumptive spending. Even though consumptive spending also contributes to the GDP, it is of use only once while investive spending (infrastructure, education..) gives payback many times the invested sum.
   
   This is kind of academical, but all other answers immediately lead to void political discussions (small government, big government, Chicago boys and Mr. Keynes). Even a small government can hurt economy by boosting consumptive spending and "big" government can be beneficial if focusing on the long term investment side.

   replyreport
7. 55

   Education Answerposted 10 years ago

   We need to grow revenue by promoting jobs, something that doesn't seem to be as big of a priority as it should be.
   
   We need to cut spending across the board.  That includes everything from social programs to the military.

   replyreport
   1. 60

      Peter Dimairaposted 10 years agoin reply to this

      I agree to a certain extent I thing we should separate industry and provide more quality tax breaks for certain areas of their industry and in return to be a part of those tax breaks they keep a certain amount of employees.
      Close the borders and increase fines on company's using illegal immigrants.

      replyreport
      1. 55

         Education Answerposted 10 years agoin reply to this

         Yeah, we have the second highest corporate tax rate out of ALL of the countries in the world.  Corporations just go to other countries, and we lose jobs.
         
         I am happy to hear you mention the fact that we need to stop hiring illegal immigrants.  It costs Americans jobs and reduces our tax revenue.

         replyreport
         1. 78

            psycheskinnerposted 10 years agoin reply to this

            And also enough tax loopholes for many large companies to pay no tax at all.

            replyreport
            1. 55

               Education Answerposted 10 years agoin reply to this

               I actually agree with that point.  I believe both our tax rate and our deductions should be much, much smaller.  This goes for both our personal income tax and our corporate taxes.

               replyreport
8. 59

   Disappearingheadposted 10 years ago

   Sell off chunks of the country and industries to the Chinese?

   replyreport
   1. 60

      Peter Dimairaposted 10 years agoin reply to this

      LMAO!

      replyreport
9. 79

   Mitch Alanposted 10 years ago

   Return to a Constitutional basis for deciding what the federal government should even be involved in and spending on...Adhere to the enumerated powers and the restrictions of the 10th Amendment...put back to the people and the States anything not specifically given to the federal government...Allow for more privatization and less corporatism...that's a start!

   replyreport
   1. 60

      Peter Dimairaposted 10 years agoin reply to this

      nice

      replyreport
10. 60

    Zelkiiroposted 10 years ago

    Not wasting trillions on pointless wars as we have been since 2003 would be a nice start.

    replyreport
    1. 60

       Peter Dimairaposted 10 years agoin reply to this

       a lot longer than that for sure

       replyreport