Cut spending.
It is our tax money, not yours. Just look at your paychecks. We are paying more taxes.
Now all the talk seems to be concentrated in budget. If the Congress does not decide by March 1, the spending cut across the board called sequester will take effect. The lawmakers rush to reach some compromise deals to avoid cutting spending on their earmarks.
The cuts would affect, say, all of us. Depending on where you are on the political spectrum, the focuses of attention on where the cuts would be vary.
The President talks of cuts in spending on scientific researches and education. Would it be an horror story if we'd be left dry on funding in those areas? What happens to the US manufacturing if we do not invest in research and development? China now exceeds the US in the amount of import and export in 2012. The spending in R&D, however, would be depended upon their money. Should we borrow money from China and compete in manufacturing?
The Republicans focus on the military budget. Can we maintain the image of the world strongest military forces if we could cut spending on nuclear weapons that we do not use? The question again is where the funding would be. The nation's greatest threat is in the money we borrow from China. Should we borrow monay from China and build aircraft carrier?
The Democrats as well as the Democratic President are adamant in defending the social welfare money. "Our seniors" says the President who did not get the votes for the last Presidential election "should not suffer from spending cuts". Our economy is on credit cards. Should we sacrifice the future economy for the extravagant spending of the Obama administration?
No lawmakers, ever say anything about their earmarked pet projects.
And again, the spending cuts talk, unfortunately, would not end there. The pressure would mostly come from the defense industry. Now they are threatened that their budget would be cut unless -- there is no crises in the world. Is this nation not under threat? Shall we not bombing people outside our borders, including our citizens? Do we look at nations hanging in balance? If pressed, shall we not have a say in their politics, including military intervention to that nation? Is that their fault that they get right on our provocations? What should we do to keep our budget?
Let us believe, they have the plans and strategies, and visions.
There are not too many ways to get rid of debts. That would be either lessening the currency values by inflation or partially or wholly defaulting on the debts, the same thing. The way to bring inflation would be so called QE, quantitative easing. Namely, selling government bonds to either by its own government or by other entities outside its borders. Lowering interest rates would be one of the the first steps to lower its currency values.
The politicians would say they'd expect the revenue to be up, counting on the economic recovery. Nowadays, they typically call the spending for 'growth'. While public spending 'for economy' helps sustain the economy 'up and running', the massive debts will hinder further economic growh by lowering its credit ratings.
It is our tax money, not yours. Just look at your paychecks. We are paying more taxes.
Now all the talk seems to be concentrated in budget. If the Congress does not decide by March 1, the spending cut across the board called sequester will take effect. The lawmakers rush to reach some compromise deals to avoid cutting spending on their earmarks.
The cuts would affect, say, all of us. Depending on where you are on the political spectrum, the focuses of attention on where the cuts would be vary.
The President talks of cuts in spending on scientific researches and education. Would it be an horror story if we'd be left dry on funding in those areas? What happens to the US manufacturing if we do not invest in research and development? China now exceeds the US in the amount of import and export in 2012. The spending in R&D, however, would be depended upon their money. Should we borrow money from China and compete in manufacturing?
The Republicans focus on the military budget. Can we maintain the image of the world strongest military forces if we could cut spending on nuclear weapons that we do not use? The question again is where the funding would be. The nation's greatest threat is in the money we borrow from China. Should we borrow monay from China and build aircraft carrier?
The Democrats as well as the Democratic President are adamant in defending the social welfare money. "Our seniors" says the President who did not get the votes for the last Presidential election "should not suffer from spending cuts". Our economy is on credit cards. Should we sacrifice the future economy for the extravagant spending of the Obama administration?
No lawmakers, ever say anything about their earmarked pet projects.
And again, the spending cuts talk, unfortunately, would not end there. The pressure would mostly come from the defense industry. Now they are threatened that their budget would be cut unless -- there is no crises in the world. Is this nation not under threat? Shall we not bombing people outside our borders, including our citizens? Do we look at nations hanging in balance? If pressed, shall we not have a say in their politics, including military intervention to that nation? Is that their fault that they get right on our provocations? What should we do to keep our budget?
Let us believe, they have the plans and strategies, and visions.
There are not too many ways to get rid of debts. That would be either lessening the currency values by inflation or partially or wholly defaulting on the debts, the same thing. The way to bring inflation would be so called QE, quantitative easing. Namely, selling government bonds to either by its own government or by other entities outside its borders. Lowering interest rates would be one of the the first steps to lower its currency values.
The politicians would say they'd expect the revenue to be up, counting on the economic recovery. Nowadays, they typically call the spending for 'growth'. While public spending 'for economy' helps sustain the economy 'up and running', the massive debts will hinder further economic growh by lowering its credit ratings.