XPost: alt.fan.rush-limbaugh, alt.home.repair, sac.politics
XPost: talk.politics.guns
From: me4guns@verizon.removeme.this2.nospam.net
"Mitchell Holman" wrote in message
news:XnsB19DD34BE265C629555@185.151.15.160...
> "Scout" wrote in
> news:v5hp6i$29muh$5@dont-email.me:
>
>>
>>
>> "Yak" wrote in message
>> news:v4unt8$20goi$1@dont-email.me...
>>> On 6/19/2024 9:23 AM, Mitchell Holman wrote:
>>>> Thank Joe Biden Democrats wrote in
>>>> news:5af043f071b0068d25570d415a641a89@dizum.com:
>>>>
>>>>> The United States is on a pace to add trillions of dollars to its
>>>>> national debt over the next decade, borrowing money more quickly
>>>>> than previously expected, at a time when big legislative fights
>>>>> loom over taxes and spending.
>>>>>
>>>>> The Congressional Budget Office said on Tuesday that the U.S.
>>>>> national debt is poised to top $56 trillion by 2034, as rising
>>>>> spending and interest expenses outpace tax revenues. The mounting
>>>>> costs of Social Security and Medicare continue to weigh on the
>>>>> nationā?Ts finances, along with rising interest rates, which have
>>>>> made it more costly for the federal government to borrow huge sums
>>>>> of money.
>>>>>
>>>>> As a result, the United States is expected to continue running
>>>>> large budget deficits, which are the gap between what America
>>>>> spends and what it receives through taxes and other revenue. The
>>>>> budget deficit in 2024 is projected to be $1.9 trillion, up from a
>>>>> forecast earlier this year of $1.6 trillion. Over the next 10
>>>>> years, the annual deficit is projected to swell to $2.9 trillion.
>>>>> As a share of the economy, debt held by the public in 2034 will be
>>>>> 122 percent of gross domestic product, up from 99 percent in 2024.
>>>>
>>>>
>>>> And the cure for that is more tax cuts,
>>>> more borrowing, and less enforcement of tax
>>>> laws. Right.
>>>
>>> Here's a radical thought...now, just hear me out. How about cut
>>> spending?
>>
>> Ding! Ding! Ding!
>>
>> We have a winner.
>>
>> Spending less than revenue is the means by which debt is eliminated.
>>
>
> Who can we trust to do that?
That is indeed the question.. However, if we were to make doing so have
direct consequences then it would probably solve itself.
For example, planned deficit spending should be required to go to popular
vote. IOW, the people will have to vote to drive themselves into poverty.
Another way (either stand alone or with above) would be if deficit spending
made a representative ineligible for reelection or if severe enough ended
all pay and benefits for that representative. In short, require they have
skin in the game. Indeed, I think their pensions should be handled by the
SSA as required of us. Their medical should go through the medicaid,
medicare and/or the VA and treat just the same as everyone else. After all,
if it's good enough for us, then it should be good enough for them.
Finally, hold ALL government officials, including Congress, to all the laws
that apply to everyone else (ie no insider trading).
Indeed I think while in public service, their assets and investments should
be frozen, and they live off of a government stipend.
After all, if you are a member of Congress, insider trading laws don't apply
to you, you can invest with prior knowledge of who will be awarded the
contract.. which also means they could be picking the 'winner' based on how
much they will personally profit from it, rather than which is actually the
best offer. Another area they have shown they have immunity in is equal
opportunity employment. Congressional members and be totally arbitrary in
who they hire. If you get elected to Congress and you decide your staff
should be fit blond women.. that's who you can hire. I would go one step
further.. you have to hire people who live in and have lived at least three
years in your district. In short, you are supported by people who also have
'skin in the game'.
Further, I think we should consider denying anyone who holds public office
from running for public office.
In short, we aren't paying you to spend 6 months or a year campaigning for a
job... we are paying you to do the job you have. So, either finish your
term, or quit, then you can seek a new job.
I think this would do wonders to keep elected officials in touch with their
constituents and would help level the field since you can't run for the
office you already hold. It would also tend to reduce the effect of the
"career politician" who spends all their time in the capital and none
dealing with their constituents in their district. Oh, which also means they
have to comply with the residency requirements.... so they have to spend
more time actually living in their district.
--- SoupGate-Win32 v1.05
* Origin: you cannot sedate... all the things you hate (1:229/2)
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