On Wed, 19 Jul 2017 21:16:53 -0400, Governor Swill
<
governo...@gmail.com> wrote:
>On Tue, 18 Jul 2017 08:14:27 -0400, Mr. B1ack <
now...@nada.net>
>wrote:
>
>>Just END ObamaCare now.
>>
>>Argue over the replacement plan later.
>>
>>Deadlines are useful for focusing the
>>tiny little legislative mind.
>>
>>While he really shouldn't, Trump COULD
>>sabotage key bits of OCare by XO, making
>>it sure to implode real soon. The burden,
>>and urgency, of fabricating a usable replacement
>>would then be on the legislature - get it done
>>QUICK before the mid-terms loom too close :-)
>
>What the GOP will do is repeal the funding sources for it, taxes and
>fines and such while keeping in the benefits like preexisting
>conditions. This fits the GOP fiscal pattern. Spend without a way to
>pay for it.
>
>Budgeted deficits are expected to slowly decline and hover around half
>a trillion through 2022. But if the GOP manages to pass another major
>tax cut, watch the deficit explode!
Tax cuts have *theoretical* perks ... they *should* stimulate
the biz/investment base and with those new and improved
revenue steams any losses from the tax cuts will be rather
short lived - followed by gain.
That's the theory.
Now in the 1800s theory would translate into practice quite
well. We were a rapidly-developing nation with vast natural
and human resources while most of the world was still
quite primitive. We'd buy their raw resources cheap and
then sell 'em back the value-added products for a lot more.
If you needed good stuff, europe/America were where
you'd HAVE to buy. (WW2 temporarily created a similar
situation because we were the only un-blasted industrial
country remaining).
But for the 2000's ... I think we need to be more careful
about tax cuts. Our ability to make money isn't what it
used to be - too many competitors now. The Reaganesque
notion of "borrow to build" won't deliver like it did back in
that post-WW2 timeframe.
"Careful" doesn't mean NO cuts ... it just means cuts
that are better thought-out, more targeted, more sure
to deliver. Put money into boats that WILL rise.
But before you overly critique the GOP/Reagan errors,
it's worth noting that the Dems think nuking "the rich"
with taxes is a great idea. It's not ... that's just over-
loading those few floating boats, guarenteeing
underperformance or maybe just sending them to
the bottom. Then there's no money for anybody.
Got a "How To Build a Dung Hut" manual around
anywhere ?
Unfortunately, both the GOP and DNC mantras have
become something like religions - unbacked feel-good
notions, but ones you may not question lest you be
accused of heresy. This guarentees the perpetuation
of the faults for a long time to come.
As we tend to see-saw back and forth between these
religions on a fairly regular basis ... well ... I guess that
means we're doubly screwed - the worst of both.