TwilightBard: I wish I could be something other than scared, but I think we might be past that point where I think things can be saved in that regard. We get pulled more and more by the extremes and it makes things worse, not better.
I tend to agree with this. It seems like 1/3 of the population has their own news outlets and they argue with the other 1/3 (who also have their own news outlets). They have become so partisan, even their definitions for terms are different from the opposing side; it is hard to reach consensus when people can't even agree on the basics. Politicians don't try to change this, they don't try to educate anymore (if they ever really did), and they just seem to try to rile up their bases using that side's rhetoric and code phrases. Meanwhile, the middle 1/3 of the voting public is caught in the middle wondering WTF all the hub-bub is about, and they usually end up voting for the guy that seems the least obnoxious.
orcishgamer: While I see your point, and I'd love to pay off the debt too, let's assume the government would still need to levy an income tax to operate thereafter (even if we were somehow able to pay off the deficit), without going into debt (or going further into debt).
True enough, though without the debt it might be a little easier. I am not sure what the cost of our debt is currently, but it isn't insignificant.
I wasn't seriously proposing that each taxpayer pay off their share of the debt either. at least not all at once, and not all in one lump sum. I am not sure that many folks just have $142K laying around burning a hole in their pockets. It was an off-the-cuff and flippant comment that I left in the post, even after editing it a couple times, because I am a masochist about showing off my ill-conceived comments when I make them... or something... I'll just go with that. ;)
Before we do anything, however, we really do need to get our fiscal house in order. Everyone has their pet programs, and there are few that will be totally happy with any cuts, but most people have to agree that there is a lot of fat in Washington available to be cut. The trouble is that most politicians won't seriously bring up the subject, or try for any sort of compromise, because they are too afraid of losing the next election.
TwilightBard: Ok, Here's a problem. You say I can avoid companies. I disagree. I have no supermarket in my town. When Walmart came in, stores were moved and our main mall was closed down, including our food store. You can't avoid Walmart here if you don't want to drive 10 miles out of the way. And most people do. The big deal is that so many people come from outside of town, just to go to Walmart. And they don't shop anywhere else. Stores are closing left and right here, small mom and pop places, our outlet stores. None of these places can compete with Walmart because most of the goods it gets are sold really cheap at wholesale from China.
Now, gas is pretty expensive, I barely use my car because it costs too much, taxi services are expensive now, I can't really avoid Walmart if I want to survive. And no food stores will come in because they don't want to compete with Walmart. There IS no choice here. The same goes with Cable, it's either Comcast or you better be willing to hook up a dish. There is no choice, there is no consumer protection. There is no market to self regulate itself.
You have to ask yourself which one of the candidates might help fix that problem. I very much like the idea that Romney had for lowering the tax rates on small businesses. It gives them the power to be more competitive against the Walmarts of the world, with their much more lenient corporate tax code and their teams of accountants and lawyers.
Either we give the population the tools to fix the economy themselves, or we continue to rely on government largesse to bail us out. I have seen the way government handles money. I have seen their corruption and waste first hand. I have also seen the resilience and fortitude of the U.S. populace rebuilding their livelihood after tornadoes, hurricanes, floods, and other personal calamities. We are
the most charitable country in the world. I know who I put my trust in when times are tough; politicians don't even enter the equation.