Funny Analogies on the American Economy, by Peter Schiff, Ron Paul's Economic Advisor
- 01-12-2009, 08:10 AM
- 01-12-2009, 03:45 PM
The only way the US can get out of the whole is cutting down the size of the government, in order to cut taxes and attract investments. Also the business in the USA needs to move in areas that requires well qualified people because you can't provide things if most of your workers are unqualified. It's sad that as Schiff says, the US gov will tax exactly the people that it needs.
Another huge problem for the US is that a part of the welfare people live on it because of illegals. Deport the illegals whenever you catch them and unqualified people will have jobs too.
01-12-2009, 04:03 PM
That alone would give us the revenue to eventually balance the budget while taking off the table our biggest expenses.
01-14-2009, 07:28 AM
Last edited by somewhatgifted; 01-14-2009 at 08:39 AM.
01-14-2009, 08:18 AM
01-14-2009, 08:37 AM
01-14-2009, 08:54 AM
01-21-2009, 05:58 AM
What you propose will never work politically. Plus, what will you do about people with disabilities? And the investment money that will go in the US if you will only have a 10% sales tax on everything would be crazy. What I am amused about the current way of social security is the fact that is unsustainable. You need more workers in order to be able to sustain ageing populations and bigger numbers that live off welfare, but in order to that you need higher natality rates and the Earth is already overpopulated. With higher number of people on Earth you put more stress on the resource deficit thing.
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