Warren Buffet - I could end the deficit in 5 minutes
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Uploaded by toddfein on Jul 8, 2011
It's a simple solution - set a budget cap, and if it's violated, stop paying congress.
- 420 likes, 11 dislikes
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@BDBK666 Your numbers are retarded. First of all, military spending has not been cut in any significant ways. We still have hundreds of bases around the world. The military industrial complex is still there, meaning we still spend large amounts of money on weapons and tech we don't need. We're still fighting in Afghanistan. And also, the debt is a problem that accumulated over 30 decades. It'll takes time to solve. Of course, taxing the rich for only 1 year won't cover all the debt.
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@trueconservatie33 What?
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@visini14 on paper, its called dot.com bubble
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@trueconservatie33 If FDR's programs were Hoover's like you claim, why didn't he enact the programs? huh? Why didn't Hoover make the programs to put people back to work?
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Yes that is true but according CBO the USA would remove all debt completly by 2020s or 2030s until moron Bush and his neoconservative ideas that got from other idiot Ronald Reagan.
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@trueconservatie33 The debts was also shrinking, and Clinton left Bush with a 200 Billion surplus.
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@istraight1 we still had 5.7 trillon debt on paper in 2001, and CBO can only calculate the number that it was given to them
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Medicare was doing okay until bush tax cuts came to effect with medicare part d and if the usa removes medicare tax cap it will be in okay conditions. obamacare according to the cbo will save the usa $143 billion dollars. The best thing will be remove social secuirty tax cap and medicare tax cap and will be at least solvent.
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@istraight1 you are not counting all the other benefits we promised to seniors, the effect of obamacare, and interest on national debt
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Medicare is a problem but that can be fixed if we removed medicare tax cap to remove the debt of medicare with raising two to three years from 65.
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@mpc91 Bull Shit! Warren G. Harding, Calvin Coolidge, and Herbert Hoover. You know what they all have in common? They all had a Laissez-faire attitude, and you know what that caused? The Great Depression. And Hoover's attitude and 3 years of not regulation, exacerbated the Depression, and it took FDR's government intervention to solve it, and HE paved the way of the 40s, 50s, and 60s, economic prosperity. SO don't try to say that Laissez-faire works, because history proves you wrong.
visini14 1 week ago 6
Sooo...This is How You Fix Congress?!!
AHHH!!! The Warren Buffett Plan...I Wonder If It'll Ever Catch On??! 8S
TerryYonkaActor 5 days ago