Solution #1: Cut education funding. Privatize healthcare. Do away with Social Security. Shrink the size of government and what government is responsible for providing its citizens. Cut taxes and federal regulations on small business and large corporations. Leave the free market alone to create jobs and put Americans back to work. Everything will trickle down to the neediest in society.
Solution #2: Increase taxes on the wealthiest Americans, large corporations, and big banks. Initiate tax reform to make sure everyone is paying their fair share of taxes. This may mean things like cutting federal subsidies paid to large oil companies raking in huge profits from the bogus rise in the price of oil. Enforce new financial reforms, regulations and safeguards on Wall Street and recover federal bailout money with interest. Look for ways to streamline and operate programs like Medicare, Medicaid and Social Security more efficiently using the latest in modern technology. Take the extra tax revenue, the savings from improved efficiency and recovered bailout money and use it to pay down the debt. Invest some of this increased revenue to create jobs and put people back to work (IN THIS COUNTRY…PLEASE!) so they can get off unemployment, retrain, if needed, and begin paying taxes with the rest of us. If we can increase revenue and reduce waste and inefficiency, we can not only save, but improve those federal social programs that sustain the elderly, the poor, women, children, students and the disadvantaged in America.
Give me your ideas, please.
Food for THOUGHT…
1 comment:
Solution #2 is probably off limits now because, somehow, the fact that high finance was responsible for the recession has gone off the news. If I'm right, getting #2 depends on a strong legal attempt to find who was responsible and bring them before a court for justice.
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