On Tue, Apr 19, 2011 at 4:08 PM, Gruss Gott <[email protected]> wrote:

> Getting rid of the loopholes alone would allow a top rate tax CUT from
> 35% to 30% and would still easily pay down the debt if we included
> modest spending cuts.

The rich don't have enough to  pay down the debt

> Of course that's not going to happen due to lobbying which is why our
> debt was downgraded.
>
> Further the US has 3 other problems:
>
> 1.) we're addicted to a global consumer economy (cheap consumer goods)

Saving money is an addiction? Buying cheap goods leaves us more money
for quality items. Providing we don't re-buy things that keep
breaking.

> 2.) we're mortally connected to the global monetary economy (existing
> US system will crash with a world crash)

That's how the world works, nothing changed here.

> 3.) we're mortally connected to oil

Mortally? We're mortally connected to the green scam.

> And finally, all of the existing structures that caused our crash in
> 2007 are now all WORSE.

Friends in high places and all that.

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