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provfivetine -> RE: The People's Budget Plan (5/30/2011 1:13:22 PM)
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Hah! What a load. First off, the government can't even properly project the budget deficit of the next year, and we're supposed to believe that they can project this in 10? The dollar crisis will happen before then anyways.
The only good suggestions that will actually help is ending overseas operations and eliminating corporate welfare. Everything else will drive up costs.
Some gems:
• Tax U.S. corporate foreign income as it is earned (Good luck with that one! If this happens you'd drive every large corporation out of the country.)
• Enact a public option (pooling the entire country in the same risk pool, significantly increasing demand, while doing nothing to increase the supply of physicians, medical equipment, drugs, etc, will not lower costs)
• Prevent a cut in Medicare physician payments for a decade (maintain doc fix) - (They don't really explain this; how in the world would this lower costs?)
• Invest $1.45 trillion in job creation, education, clean energy and broadband infrastructure, housing, and R&D (We're already investing too much in education, the subsidies need to be eliminated so tuition can become affordable without driving kids into debt slavery. They're seriously suggesting that we stimulate housing? What have we been doing the past 20 years? There's a glut of inventory on the market already)
• Infrastructure bank (We're too broke to rebuild infrastructure, despite the dire need. Spending money on infrastructure doesn't reduce the deficit)
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