postpartum (election) depression following the birth of
Hope last week. Which is to say, I'm not feeling all that much
like blogging politics But, and to continue the metaphor, a queef of such urgency has built
that unless I release it my head explodes. Embarrassment be
A draft proposal to be released Wednesday by the chairmen of President
Obama's bipartisan commission on reducing the federal debt calls for
deep cuts in domestic and military spending
starting in 2012, and an overhaul of the tax code to raise revenue.
Those changes and others would erase nearly $4 trillion from projected
deficits through 2020, the proposal says.
The plan would reduce Social Security benefits to most future retirees
-- low-income people would get a higher benefit -- and it would subject
higher levels of income to payroll taxes to ensure Social Security's
solvency for at least the next 75 years.
First, as cuzzin ricky suggested at our staff meeting last night, and I
"This will be the basis for the first
steps towards converting Social Security into an entitlement program
for the poor, funded by middle income (and above) Americans...who will
realize less and less benefit."
Second, as expected their working assumption as the
way out of this government caused crisis is to essentially cut military
spending and raise taxes. A government solution. Not a word
addresses a fundamental problem - America's slide from a manufacturing
economy to a service economy. We don't make stuff anymore; we
serve it. Selling
General Motors, a primary defense contractor, to the Chicoms is
exactly what we do not
do. Instead, we dance with the partner what brought us. We unleash the
Hold in abeyance all
environmental law, restrictions, and other impediment to commerce for
at least 10 years.
"Loser Pays" tort
reform - stat
Remove capital gains
tax to free expansion capital - stat
Vow to become self
sufficient, with the ability to produce 100% of our military and
defense equipment internally. 100%