A Big Problem Requires a Go Big Approach
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Uploaded by NewAmericaFoundation on Sep 23, 2011
The "Super Committee" has been charged with making recommendations that would reduce deficits by $1.5 trillion over the next 10 years. Unfortunately, more is needed to fix the budget and put the debt on a sustainable path. In order to meaningfully address our nation's fiscal challenges, the Super Committee should go much further.
The Committee for a Responsible Federal Budget along with the New America Foundation, the Concord Coalition, and the Bipartisan Policy Center held a forum that brought together political, economic, and business leaders from across the spectrum to discuss the path ahead for the Super Committee and the reasons it should exceed their mandate and "Go Big."
http://newamerica.net/events/2011/go_big
- 6 likes, 1 dislikes
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The way of going big should address the very root of the structure. If the US government doesn't abolish the Federal Reserves and evict the blood-sucking bankers from controlling the banking system, it would be simply meaningless for talking about "go big". Look at China and other Asian Tigers, the central bank and the loan regulations are held tightly in the hands of the government. Bad debt, reckless loans? Not a chance for these countries!!
stephentsang2000 5 months ago
And lets go big on the backs of the poor and middle class- can't touch that OCO funding.
bsimpson505 5 months ago
I wonder what the Alan Simpson outtakes are like.
"My lawn. Get of it! With your Jazzy Z and Kenya West and the Hippity Hop, with the little whippersnappers all giratin' and talking poppycock. Cheesy music behind bad advice is the Cow with 311 Million Mammaries. Speaking of bewbs, where's Brooks at? He said we got a reservation at the Applebee's Salad Bar and I don't want to be late. (looks at no one in particular) Don't tell me my business, devil woman!"
MichaelConrad1D 5 months ago
Pete Peterson? Really? The guy who wants to gut Social Security just because... he's always wanted to gut Social Security. And Mitch Daniels? In some ways that guy IS the debt.
Mainly, deal w/ health care costs: Medicare for All (at very least a Medicare Choice program), IPAB, reign in PhRMA. Problem solved.
Want more? Invest now to get econ moving. Wind down the wars. Roll back fairly recent extreme rightward lurch on top tax rates (+ more brackets). Also need modest tax on financial spec.
MichaelConrad1D 5 months ago
blame republicans for not wanting to raise taxes on the rich
Fusionx916 5 months ago