Staidhup
Gold Member
- Jan 5, 2012
- 5,889
- 2,167
Regardless of political posturing, entitlements coupled with the prospect of increased interest rates will prohibit America from reducing the national debt. Restructuring the role of the federal government coupled with an overhaul of the current corporate tax rate remains the only option. The federal government should be focused on defense, national security, trade, judiciary, and foreign policy. In order to stimulate private sector job growth corporate taxes need to be reduced to a minimum of the current industrialized world level, say 20%. Government regulations need to be stream lined and reduced. Corporations must be granted the opportunity to re-patriotize post tax earning from abroad, paying the difference between what was taxed abroad and revised 20%. Adoption of enterprise zones needs to be realized. Corporate incentives need to be adopted to provide the necessary frame work to train and equip those willing to work the opportunity to do so. Free to work legislation needs to be adopted throughout the country.
Government needs to be stream lined, states need to assume responsibility. A perfect example is education, the department of education needs to be abolished, current funding for the bureaucratic monolith needs to be funneled to the states based on school age demographics, operated and controlled by the citizens of those communities within the states. The department of education should be reduced to a statistical advisory and monitoring office. The current social security cap should be removed. A national balanced budget amendment as well passage of the line item veto adopted. Simply put the growth in the size of government needs to be curtailed. We as citizens are required to live on a balanced budget, why not the government. Aa I see it politicians are incapable of running a business and the government is governed by the same principles as a business, break even or perish.
Government needs to be stream lined, states need to assume responsibility. A perfect example is education, the department of education needs to be abolished, current funding for the bureaucratic monolith needs to be funneled to the states based on school age demographics, operated and controlled by the citizens of those communities within the states. The department of education should be reduced to a statistical advisory and monitoring office. The current social security cap should be removed. A national balanced budget amendment as well passage of the line item veto adopted. Simply put the growth in the size of government needs to be curtailed. We as citizens are required to live on a balanced budget, why not the government. Aa I see it politicians are incapable of running a business and the government is governed by the same principles as a business, break even or perish.