EPTMaybe instead of taxing everyone to death you should close some of those military bases.
The US debt (proper debate) - Page 5
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Equity213
Canada873 Posts
Maybe instead of taxing everyone to death you should close some of those military bases. | ||
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Meldrath
United States620 Posts
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farvacola
United States18856 Posts
On July 24 2011 06:26 Equity213 wrote: Everyones arguing over who should have their money stolen first, but over the 4 pages so far no one has brought up the military spending. Maybe instead of taxing everyone to death you should close some of those military bases. It is worth mentioning that the American military industrial complex is motivated largely by corporate interests. In other words, incredibly crazy military spending is simply another way the rich are able to make more money. | ||
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Equity213
Canada873 Posts
On July 24 2011 06:26 Perihelion wrote: As a citizen of the United States, I don't think that the current debt level is a big deal. Ok awsome, so will you be paying your $46,000 in cash or cheque? | ||
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Equity213
Canada873 Posts
On July 24 2011 06:28 farvacola wrote: It is worth mentioning that the American military industrial complex is motivated largely by corporate interests. In other words, incredibly crazy military spending is simply another way the rich are able to make more money. yeah yeah we get it. Corporations bad, government good. | ||
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cfoy3
United States129 Posts
Yeh the military should be dialed back. We spend sooo much money on the military. More than the rest of the world combined. That defiantly should be one way we save. | ||
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Zergneedsfood
United States10671 Posts
On July 24 2011 06:28 farvacola wrote: It is worth mentioning that the American military industrial complex is motivated largely by corporate interests. In other words, incredibly crazy military spending is simply another way the rich are able to make more money. People have brought up entitlements and tax cuts, which make up a much larger proportion of our GDP than military spending does. We're also already cutting down on our military spending with troop reductions and our new counter terrorism policy. | ||
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cfoy3
United States129 Posts
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farvacola
United States18856 Posts
On July 24 2011 06:29 Equity213 wrote: yeah yeah we get it. Corporations bad, government good. Read my other posts you fool, the government is perhaps even more to blame than the companies themselves. | ||
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xDaunt
United States17988 Posts
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JustPassingBy
10776 Posts
On July 24 2011 04:15 Zergneedsfood wrote: Don't really know how other guys are keeping track of it, but in my opinion, the EU debt crisis is a lot worse than our debt crisis here. A lot of people get the false assumption (it's sorta the fault of Republicans who exaggerated) that a default on US debt on August 2nd would cause some type of death bringing financial fall out that we've never experienced before. It's not necessarily like that. If America fails to bring about some type of balanced budget or whatever by August 2nd, it only means that certain payments, like SS checks and payments to soldiers would start to dry up and stop. Now, of course, that's bad, but it's nowhere near as bad as countries in the Eurozone who can't pay back bond investors and have already had their credit ratings (like Italy) downgraded to junk status. Not sure why not being able to pay its employees is less bad than not being able to pay investors who should have invested the money calculating the risks. | ||
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Perihelion
82 Posts
On July 24 2011 06:28 Equity213 wrote: Ok awsome, so will you be paying your $46,000 in cash or cheque? As a citizen of the United States, I will never be directly personally responsible for my government's debt. Framing the debt in such a way is quite silly. | ||
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aksfjh
United States4853 Posts
On July 24 2011 06:28 farvacola wrote: It is worth mentioning that the American military industrial complex is motivated largely by corporate interests. In other words, incredibly crazy military spending is simply another way the rich are able to make more money. Actually, the military industrial complex is just like any other government expenditure. There's a great number of jobs created by military spending, just like there's a great number of jobs created by discretionary spending on Federal Departments. It can almost be equated to this generation's NASA in terms of innovation and motivation, except it involves killing people more directly. | ||
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cfoy3
United States129 Posts
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ziggurat
Canada847 Posts
On July 24 2011 06:34 Perihelion wrote: As a citizen of the United States, I will never be directly personally responsible for my government's debt. Framing the debt in such a way is quite silly. You will be paying it whether you realize it or not. You'll either pay it in taxes (at least if you get a job and work for the next 25 years) or you'll pay it in shitty services from the government because they don't have the money to build proper roads, run proper schools, etc. | ||
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Zergneedsfood
United States10671 Posts
On July 24 2011 06:34 JustPassingBy wrote: Not sure why not being able to pay its employees is less bad than not being able to pay investors who should have invested the money calculating the risks. If you're talking about something on some type of moral standpoint, then yes....both of those are the same in terms of what the government shouldn't be doing. But economically speaking, yes, not being able to pay investors who have bought our bonds is a lot worse than not dishing out checks and pay. | ||
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ziggurat
Canada847 Posts
On July 24 2011 06:37 cfoy3 wrote: Why is everyone so radical? We should not be so extremist, that is what got us into this mess. We don't need to close down the military, but we should defiantly scale it down. We don't need to tax corporations to death, but we should make our tax code have the proper incentives for them to re instill their profits into our economy. We need to trim entitlements, but that doesn't mean we cut them all out. We can eliminate some of the redundancy and wasteful programs in government.We can have a plan that pinches everyone a little and saves some serious money. We need to really listen to one another and be rational. You sounds like Barack Obama circa 2008! So reasonable! | ||
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farvacola
United States18856 Posts
On July 24 2011 06:35 aksfjh wrote: Actually, the military industrial complex is just like any other government expenditure. There's a great number of jobs created by military spending, just like there's a great number of jobs created by discretionary spending on Federal Departments. It can almost be equated to this generation's NASA in terms of innovation and motivation, except it involves killing people more directly. With the amount of money mercenary groups like Blackwater make, while at the same time taking the corporate interests of companies like Haliburton into consideration, the NASA comparison hardly seems appropriate. The US military was used as tool needed to make foreign economies easier to enter and effectively pillage. | ||
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aksfjh
United States4853 Posts
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cfoy3
United States129 Posts
To truly believe that this debt will not come back to bite us or have lasting repercussions on us. Repercussions that you should be aware of and at least know about is the epitome of foolishness. | ||
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