Debt Crisis Management...

If I had a dollar for every time that capitalism was blamed for the problems caused by government I'd be a fat filmmaker with a baseball cap.

Leading global economists are warning that the US will lead industrial nations in decline over the next 2 years if we can not curb our wasteful ways...

One proposed solution"..cut military spending by 10%, no pension or health care for politicians serving less than 16 years in office. 8% luxury tax on salaries and bonuses over $5 mil, 1% import tax, 1% fed excise tax on security trades, eliminate earn income credit, reduce child tax credits, cap family welfare  so people quit having more kids to have more income. cut agriculture and energy subsidies. And quit leading the fight in every battle around world...after all that we would again have a surplus to start fixing our debt issues..."

While I can agree with most of that, I think there should be no pension or health care for politicians period...serving the people should mean you don't do so to end up on easy street for life...while I disagree with permanent punitive taxes like the one on salaries and bonuses, I can see 8% on salaries and bonuses especially over a specific amount, as long as it applies across the board to everyone, not just certain segments of the population. I would like Michael Moore to get levied 8% on his $200 million to start with, along with loudmouth Bill "Douche-bag" Maher...

A lot of these austerity measures could be forgone if the 15% unemployed in this country had a job...and therefore able to pay taxes.

My other solution, which my liberal friends roundly denounce me for, is if we are all in this together (their words) then why aren't we all paying taxes..? I pay a butt load of taxes, on my salary, property, pets, just about everything.

My brother-in-law gets back every cent deducted for federal and state tax from his salary, plus gets more (for who knows why)...all I am saying is there really should be a minimum tax on everyone. Which is why a national sales tax makes a hell of lot more sense to me than income tax...that way you tax spending, not earning or savings...