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Arthur Laffer Says We Are Headed For A Double Dip Recession


Perchoutofwater
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we just need to do something, sooner rather than later hopefully.

What? Somersaults? The light fantastic?

 

What we all need is to face up to friggin' reality and begin tackling problems that are still a decade away but will crush us and the rest of the world if we don't tackle them. However, the weakness of a democratic system - especially ours with it's idiot requirement to have elections every two years and force legislators to spend literally half their time actively campaigning - is that it gives no incentive to look further down the road than election time.

 

It's the same problem that business faces - no-one in business or politics is looking further than the immediate horizon and that gets shorter all the time.

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What? Somersaults? The light fantastic?

 

What we all need is to face up to friggin' reality and begin tackling problems that are still a decade away but will crush us and the rest of the world if we don't tackle them. However, the weakness of a democratic system - especially ours with it's idiot requirement to have elections every two years and force legislators to spend literally half their time actively campaigning - is that it gives no incentive to look further down the road than election time.

 

It's the same problem that business faces - no-one in business or politics is looking further than the immediate horizon and that gets shorter all the time.

 

i agree, all politicians are the problem. the right wont vote against business, the left wont vote against unions and handouts. maybe we do need an uprising or revolution. i think joe public has no idea how bad it could get. which is why nothing gets done.

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i agree, all politicians are the problem. the right wont vote against business, the left wont vote against unions and handouts. maybe we do need an uprising or revolution. i think joe public has no idea how bad it could get. which is why nothing gets done.

There are some people that believe a revolution is coming. It is the ONLY way we will ever get our country back in its rightful form (see the constitution).

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What? Somersaults? The light fantastic?

 

What we all need is to face up to friggin' reality and begin tackling problems that are still a decade away but will crush us and the rest of the world if we don't tackle them. However, the weakness of a democratic system - especially ours with it's idiot requirement to have elections every two years and force legislators to spend literally half their time actively campaigning - is that it gives no incentive to look further down the road than election time.

 

It's the same problem that business faces - no-one in business or politics is looking further than the immediate horizon and that gets shorter all the time.

 

The reason we are in this mess is we allowed government to over-reach it's Constitutional mandate. We will not solve this problem with more of the same. We need to drastically cut the size and scope of government so that it is no longer giving preferential treatment to one group or another, and do away with laws that do such. We need to go back to where government gives equal opportunity to all, rather than trying to mess with outcomes. If we were to do this we would do a away with a great deal of the lobbying which would make are elected representatives less beholden to one group or another, but to the people as a whole. What we face now was all too predictable.

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The reason we are in this mess is we allowed government to over-reach it's Constitutional mandate. We will not solve this problem with more of the same. We need to drastically cut the size and scope of government so that it is no longer giving preferential treatment to one group or another, and do away with laws that do such. We need to go back to where government gives equal opportunity to all, rather than trying to mess with outcomes. If we were to do this we would do a away with a great deal of the lobbying which would make are elected representatives less beholden to one group or another, but to the people as a whole. What we face now was all too predictable.

Size of government is irrelevant in comparison to structure of government, IMO.

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