Americans are becoming increasingly aware that Washington’s fiscal recklessness has consequences, and these consequences are growing exponentially worse with every day policymakers fail to get our nation’s fiscal house in order. A sneak peek:
Higher Taxes, Higher Cost of Living
Dampened Economic Growth, Fewer Job Opportunities
Less Flexibility
Crushing Burden on Future Generations
Click here for the Consequences fact sheet.
You sound to me like shills for the Republican Party. Where was your outrage when W. and the Republican Congressional hawks slashed taxes for the wealthiest taxpayers, while at the same time spending billions on credit for a bogus and unwinnable war in Iraq? As for the stimulus spending, I presume you would have urged Obama to adopt the same “do nothing” financial strategy promoted by Herbert Hoover as the nation plunged into the Great Depression?
Does anyone in your organization have the guts to respond?
They probably arent responding because it is difficult to respond to your attack. This organization was made to discuss the current issues and all you have brought up are past issues. Please, take a look at the problems we face now and provide your input as to what you think should be done.
I’m looking around your website and I don’t see anything here. I see a few ideas from others outside of this website reposted here, but, nothing actually created here. What kind of scam is this?
So, in other words, if one group of people acted like fools, that makes it OK for another group of people to act like a bunch of fools. Great approach Daniel. That mind set will help the Congress destroy America.
It is time for EVERYONE to pull their fair share of the “public dept”.
Those on Welfare need to be FORCED to put in 40 hours per week of work into the public trough, the same as EVERY other worker.
ALL workers, as myself, work 40 to 70 hours a week.
Anyone who gets benefits for NOTHING is a cheat and a fraud.
The Socialist Liberals, Communists, Democrats, Progressives (what the fuck does Progressive even mean, other than they are such f**king liars, and they are progressively taxing and regulating the working class into slavery.)
I am f**king embarassed that a communist, muslim, anti-American, anti-business, whore, such as Obama was actually voted into the presidency.
Shame on America.
I agree with you on making people on welfare work for their money, but the fact is there are not enough jobs. And you can not just generalize a whole group of people and say they are cheats and frauds. This has nothing to do with them. This has to do with the people with power and money because they control everything. Obama inherited a crap hand and has a difficult job ahead. Plus, these different political parties are not helping. The world is in chaos right now. The world as a whole needs to find balance. It is not just about America, it is about the world because we are all in this together. Some how they need to find a balance between government involvment in business. You can’t let businesses do whatever they want because look what happened to the economy now. It is a perfect example of republicans not regulating business, private or public. Democrats as well need to let businesses breathe, they regulate to much and slow down growth. So you can see the importance of finding this balance between goverment involvement in business. Obama’s race or religion has nothing to do with the state of the economy so why you brought it up is a complete mystery to me.
When I saw this website advertised during Meet The Press, I was hopeful to come here and read something substantive and prescriptive. So far, not good. This article about “consequences” was a prime case in point.
Yes, debt is bad in the long term and growth is good. Additionaly, unsustainable trends tend to stop at some point. Nobody disagrees with that.
However, the way to get to growth and wealth is genuinely debated by experts. You are just subscribing to the “austerity” school of thought, which has some adherents and valid points.
Long term debt is a valid concern to long term prosperity, but it is only one variable in a complex economic system. Why not do something new, like using game theory to suggest structures and incentives that improve information flow and feedback between all stakeholders in the government debt markets (i.e. citizens, politicians, and the bond vigilantes) ? This kind of stuff would help to better determine the “worthiness” of deficit spending and avoid the sovereign debt hiccups that have been rolling around the world as of late.
Without going into specifics here, what has ultimately brought us to this point is the borrowing of money to satisfy the unrealistic expectations of everyday Americans. We want to pay less taxes without giving up services, so politicians give us what we want (1) to get themselves elected and (2) to retain their seats once they are in power. They basically buy our votes with promises of tax cuts or additional spending, but must borrow the money to pay for them once they are in office. If they try to cut anything to pay for them, we get upset.
“Cut and borrow” and “spend and borrow” are simply unsustainable fiscal policies. The real enemy is us and our lack of priorities.
Nobody ever got a job from a poor person… am i right? I’m not rich or all that smart, but I don’t think it takes a genius to see that stealing money from the rich by taxing them to death steals jobs from the poor and middle class. Our country has the second highest in the world. Does anyone wonder why companies continue to move out to other countries that have lower tax rates, regulations, and wages? Perhaps if our President and our congress used a common sense approach to solving problems like lowering the corp. tax rate, cutting out all the beaurocracy and red tape, and made it easier for companies to do business here again… Then we might hear that giant Whoosh sound again — all those jobs that went overseas during the last 3 decades flooding back into this country where they should and need to be. The problem is governement just can’t keep it’s fingers out of our business. Just my .02
consequences for us, yes…but not for both parties in Congress. Olympia Snowe’s net worth is $45 million and Chellie Pingree flies around in corporate jets and lives the life of luxury with her powerful and rich beau. how’d he get powerful and rich? he sleeps with a congresswoman!