This scenario also applies to the U.S government. The U.S. is spending close to double what it takes in from various taxes. This is a problem because the U.S. can only spend less, raise taxes, inflate the money supply or “kick the can down the road.” There is a bigger problem, however.
The biggest problem with problem solving is defining the problem. Notice how various symptoms of the problems are attacked, but the underlying problem isn’t identified.
What if the problem at all levels of U.S. government is that the entire system is broken? The system can’t be fixed! Instead, all or most of the following may need to be implemented.
1. Fire the Fed. No more central bank. Let interest rates be set in a free market.2. Pay off the debt in United States Notes, including retiring Federal Reserve Notes.
3. Tax all virtual labor and imported products at a rate equal to the cost of domestic production plus 10%. Corporations that offshore U.S. jobs are assessed an immediate tax, that is non-deductible against other taxes @ 200% of the wages of the jobs off-shored.
4. Bring home troops, close foreign bases and defend U.S. borders.
5. Build a true missile defense system and a real civil defense program.
6. With proper notice and diplomacy, withdraw from all treaties that require the deployment of U.S. forces abroad.
7. Repeal laws recognizing corporations as persons.8. Repeal laws allowing corporations to lobby or hire lobbyists9. Repeal laws allowing corporations to support candidates for election in any way.
10. No national emergency may be extended beyond 10 years, and if any such emergency expires upon reaching 10 years no new emergency may be declared until the passage of at least 5 years.
11. No deficit budget may be passed unless a declaration of war is in effect, and/or a national emergency is in effect, or either of these has expired within the previous two years; in addition a deficit budget must have a majority of 75% in both the House and Senate.
12. No law may have more than one subject, excepting that any law requiring funds not previously budgeted for that year must provide a source of funds for the current year and also the subsequent year (if funds will be required in that year too).
The above are real solutions to real problems. You decide if the U.S. political system will seriously address any one of them. So there are some positive solutions to be seriously debated!
Failure to address them will have consequences that will affect Goffstown…you can count on it!