Thursday, February 17, 2011

Steve's barking at cutting the US deficit by a third

You will see it here first, that the deficit of the United States can be cut by a third without the hardship that the know nothings in Washington and on the financial news networks seem to suggest.
The first and the most obvious thing to do is not to stop the labor tax at the current 106,000 dollars.
Now for those who haven't the faintest idea what I'm writing about it's more commonly known as FICA or for those who don't know what FICA is let me put it in a more simple way it's called Social Security. We can't lend this money out because that would only add to the deficit so we'll have to bury the money in an old salt mine, or in more modern term put it on flash drive guarded by homeland security.
Now that would only account 2.5 trillion dollars that not cutting the deficit by a third so the other thing that this country will have to do is sell some of our assets, lets just take 1/10 of or gold reserves up for auction along with 1/10 of our strategic oil reserve and the timber on federal lands.
Now I know that there are already companies on government land they will have to lose their lease and every tree from government lands is up for grab. That's the American free enterprise way.
People who are in debt in this country sell or pawn their assets why not the government.
Now if the US is crazy enough to do what I'm stating they should try to buy back the debt that is in foreign hands. Buying back debt is what our major corporation does.

  

No comments:

Post a Comment