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Is it wrong to think a combination of spending cuts (including Military), tax increase (or expand the base with something like the Fair Tax) would bring things in line and begin to pay down the debt. It took many years to get into this position, so to think there is an easy fix is naive. As a country, we all need a s...more
This would be a good start, however, the Fair Tax would be better, especially with the prebate, which I did not see within the Cain plan (Prebate: For those who don't or don't want to know, is an amount to be given before hand which would essentially cover the cost of Fair tax for necessities, based on number of fami...more
WOW!!! I guess American's (in general) do not have the ability to learn for our mistakes. Let's buy more than we can afford and finance it with an artificially low rate so the rate can go up and we can become more house poor or maybe foreclose.
People, live within your means, rent for a while, save your money. ...more