Sometimes politics baffles me… I mean seriously, instead of fixing problems they argue, fight, and squabble about pathetic, insignificant agendas. Let’s take the national debt for instance. Our country is in debt, but there is no minimum monthly payments for our country. If I get a credit card and rack up $10,000 on it then I have to pay a little bit on that every month… so why doesn’t our country have to pay anything? With the billions and billions of debt accumulated by our country why isn’t there some of that being paid down? How do we continually accrue more debt and not pay off what we owe already? I mean seriously, with the way we’ve acted about our national debt our credit score can’t be anything better than about 120 or less… does anybody do a credit check on the country before giving out loans?
First off I have to say that I like Ron Paul’s plan for our country fiscally, but the next one I could agree with would be Barack Obama. You see with Obama’s plan we could eliminate the national debt in a couple of years… it won’t be done because people don’t understand it… but it could be done. Obama wants to give a $500 rebate to anyone who makes under $150k a year right? Then $150k to $250k no changes, and over 250 only moves up slightly. So now 95% of our country gets a few pennies back every year from the taxes, just enough to twist the knife around a little. Seriously, $500 a year? You think that’s gonna solve much of anything? The cool thing is that it could. Let’s say the $500 rebate is postponed two and a half years. If this effects 1billion people you now have 500 billion dollars to work with which would be to pay down the national debt for two years, for a total of 1 trillion dollars. Now the national debt is completely gone! The next year, you give a $250 check back to people and use that 250 billion to create a surplus. The year after that you give a $500 rebate to each worker back.
So what’s the difference? In Obama’s plan he’s giving you $500 back every year from your taxes. In my plan I’m giving you back between $5,000 and $500,000 back a year depending upon how much money you make. But you say “how so are you giving back more money? You just said you’d give less back.” Okay… here’s the deal, and here’s what no politician but Ron Paul has ever told you… Inflation is a hidden tax on the middle class, and it is accelerated by our national debt. If our country has $0 in debt, or well actually a huge surplus that we can use to loan out to other countries, or for our own problems. Then our dollar becomes more powerful than any other type of currency in the world. That pair of Doc Martens you bought last year for $350 you can now pick up for less than $100, the cheap Chinese made crap you’re getting at Wal-Mart to save money used to run you $5 can now be snagged for $1 or less. Gas that you were paying $2 a gallon for (currently, was up to $3.50 earlier this year) is now $0.50 a gallon…
And what if we did go with Ron Paul’s plan to get rid of the Fed? No income taxes for anyone! Yeah, you lose a lot of government programs, but when you’re saving that much money who needs the government to take care of us? When I was working for Viacom I lost over $350 a WEEK in taxes… that’s painful to most anyone… if I had that kind of money I could pay for whatever I needed, I don’t need some government health program, I could pay for it myself. Just to put this in perspective, if you save $10 a week and never touch it from the time you’re 18 on with the amount you put into savings, along with interest you end up with well over $2 million in the bank for retirement… screw Social Security and pittance for paychecks, the interest alone on that is over $100,000 a year (shooting low).
Government should protect us and take care of things that no one else would on their own… they shouldn’t be our baby sitter from cradle to grave.
written by Archmaille