The smell of financial meltdown is in the air.
We stand at the threshold of maxing out our national credit card and there is absolutely no plan that has been presented to the public that seems to really make economic sense — mostly because no one wants their sacred cows touched.
>> A tax deduction for the interest on your home is not much different than helping someone that lives in subsidized housing. Welfare is welfare.
I almost agree at this point that kicking the can down the road could be a desirable outcome.
My logic is that it really is too late now for there to be any comprehensive plan. A short term bandaid plan that drops the need for decision prior to the 2012 elections only serves political purposes, it doesn’t matter what party you support.
Kicking the can down the road has the beneficial effect of guaranteeing that bad things will happen to good people. Hopefully it will sober them up enough that they will empty their heads of all the partisan crap. Then perhaps they will try to think a bit more critically about the situation and to think a bit more objectively.
Whether Left or Right, reality is that neither side is anywhere near agreement — not even among themselves — as to what should be done.
Politics are just economics draped over other issues. It is always about power.
All or nothing works no better at one end of the fringe than the other.
If we respected the average taxpayer we would ask them to choose the plan that they believe we should pursue. Let’s hold six months of public debate, critiqued by both citizens and academics, and then let’s hold a referendum.
Let’s let Americans choose by line item vote in a referendum what goes and what stays or what changes.
If we truly believe in ‘We the People’ then let’s let Americans decide their future and their fate.
What say ye?