Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

discocrisco01

(1,666 posts)
Sun Feb 12, 2012, 04:00 PM Feb 2012

Future Of America In Austerity

This is how bad austerity is going to get if the Republicans wants their pure according to the AP

There is way out of this. It the restortation of the Clinton tax rates on the Middle Class and Einenhower tax rates on the wealthy. Billions upon Billions of tax money flow into to the federal treasury with the cuts of the supercommittee being made. 50% of the supercommittee cuts to social programs are made along with 75% of the defense cuts being made..

In additions, a mean-tested benefited for Medicare benefits would bring in huge revenues and cut spending significantly. The US deficit problem would be not existent under my solution. The US fiscal house would be clearly in the best shape of this life and this country will not drown in sea of debt. It would eventually return prosperity as the country has a sterling credit rating with the rating agencies

This country has a deficit problem but we are not willing to go any lengths to deal with. If the interest on the debt is going to consume our budget, than my solution is the best one with ensures minimal reduction to Medicaid, Social Security, and that the middle and lower classes do not receive severe cuts . Unemployment insurance at 104 weeks would be become permanent entitlement as part of my master budget and jobs program would be designed for those who have exceeded the 104th week of unemployment would be placed in a long-term job training and unpaid internship program that would provide guaranteed employment within year of the completion of the training and internship program.

The face is the specter of long-term unemployment is fact of reality, but it should not exceed three years under any conditions. The social safety net shall provide for two years for the person and the government would provide resources to the person if they cannot find a job their own within year.

This ensures that we do not receive massive deficits by spends tons and tons into direct job hiring, but only focus on our efforts on the 99ers and getting them back to work which is my greatest concern so we do not have a long-term homelessness problem. In addition, major deficit reduction would occur under my program.

Yes, tax rates are high, but we must do what we need to ensure long-term unemployment become a blight in society. People should out be not of work more than three years and people out of work for more than three years IS UNACCEPTABLE UNDER ANY CONDITION.

Latest Discussions»General Discussion»Future Of America In Aust...