US DEBT CRISIS: CAN WE FIX IT?

Discussion in 'The Political/Current Events Coffee House' started by Vladimir Korchevsky, Jun 24, 2011.

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  1. Vladimir Korchevsky New Member

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    The US debt is a looming threat that is threatening our economic future, but not one politician is ready to compromise. We don't want to end up like Greece do we? Can it be solved and how would you fix it?
    Vladimir Korchevsky, Jun 24, 2011
    #1

  2. Chelsea366 Retired Moderator

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    Give all of the money to me and I will fix it.
    Chelsea366, Jun 24, 2011
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  3. Demondaze Xenos Scum

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    The sad thing is that she probably could do a better job than congress.
    Demondaze, Jun 24, 2011
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  4. MayorEmanuel Do not weep, for salvation is coming.

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    MayorEmanuel, Jun 24, 2011
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  5. Te3hM@nW!thT3h Pl@N New Member

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    I know exactly how.....ahem *puts on douche-y glasses* what we must do first is stop ALL out-sourcing to China and send all of the unemployed people to government subsidized housing in the Nevada desert and build the factories that we lost from stopping out-sourcing to China.
    Te3hM@nW!thT3h Pl@N, Jun 24, 2011
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  6. UnholyKnight800 Well-Known Member

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    Just do this



    Note: Sorry it's not embed :?
    UnholyKnight800, Jun 24, 2011
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  7. Lenin Cat Well-Known Member

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    1. Seize the Assets of the super rich.
    2. Dramatic raise on tax for the rich. As well as closing tax loopholes.
    3. Nationalize and liquidate all corporations and mid to large business.
    4. Gradually turn small business into workers cooperatives.
    5. With the nationalized company's, sell luxury products to bring in profits for the state.
    Lenin Cat, Jun 24, 2011
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  8. MayorEmanuel Do not weep, for salvation is coming.

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    2 words: nuclear war
    MayorEmanuel, Jun 24, 2011
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  9. JosipBrozTito Well-Known Member

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    Stop outsourcing and tax the rich. Problem solved.
    JosipBrozTito, Jun 24, 2011
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  10. Demondaze Xenos Scum

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    Demondaze, Jun 24, 2011
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  11. slydessertfox Total War Branch Head

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    take control of China
    slydessertfox, Jun 24, 2011
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  12. pedro3131 Running the Show While the Big Guy's Gone

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    So in order to balance the budget and pay off the debt we need to more then quadruple the size of our government and incur gigantic transition costs. Also this isn't a paradox game, we can't just "sell luxury goods and expect those returns to pay for the government".

    45% of Americans pay no taxes at all, meanwhile the top 50% of income earners pay for 97% of all receipts. But yes, we need a more regressive system... Interestingly enough, the majority of high income earners are more then amenable to paying larger taxes, it's just the politicians who don't want to hurt their own coffers by playing with the tax code.
    pedro3131, Jun 24, 2011
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  13. Kalalification Guest

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    Not to mention that doing all of those things still doesn't offset our existing trade deficit, which is a bit of a problem for a 100% export-driven revenue system.
    Kalalification, Jun 24, 2011
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  14. Artismoke Well-Known Member

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    I always saw US debt as a lost cause. May God have mercy on our collective soul.
    Artismoke, Jun 24, 2011
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  15. C_G Well-Known Member

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    A real philosophical question...
    C_G, Jun 24, 2011
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  16. slydessertfox Total War Branch Head

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    yeah this should be in current events
    slydessertfox, Jun 24, 2011
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  17. LeonTrotsky Well-Known Member

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    My thing is... at least we're not Greece.
    LeonTrotsky, Jun 24, 2011
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  18. JosipBrozTito Well-Known Member

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    If you saw The Daily show, your kind of worse.
    JosipBrozTito, Jun 24, 2011
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  19. 0bserver92 Grand King of Moderation

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    If they agree something they could but that will never happen.
    0bserver92, Jun 24, 2011
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  20. Lenin Cat Well-Known Member

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    We need to liquidate the rich inorder to stop the budget deficit in the short term without major austerity measures. While were at it, I support nationalizing and mass collectivization of the economy, because well, there's a opportunity to.
    Lenin Cat, Jun 24, 2011
    #20
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