mrstickball said:
1. Cut federal government spending. Preferably by 35-43% (the amount we're borrowing). Do this primarily by cutting HUD, SNAP, both DoE's, and Defense spending. Reform medicare/SS as much as possible to save costs.
2. Enact either a income-based flat tax, or fair tax. Do away with corporate taxes.
3. Sunset Social Security. Allow the younger generation to invest their earnings in something else other than government debt.
4. Adopt a sane monetary policy - one that doesn't simply print money at every turn.
5. Reform and remove government regulations in every area of life. Promote a "regulation holiday" that would allow businesses to invest and invent new technologies without fear of government destroying their inventions.
6. End the war on drugs. Impose a reasonable tax on pot and other drugs.
7. Repeal (and do not replace) Obamacare. Force insurance companies to compete against each other over state lines, and promote freer-market reforms.
Do those 7 things, and we'd be growing faster than China.
By the way, tariffs and protectionism do not work. Don't believe me? Ask the Great Depression. Look up Smoot-Hawley and the effect it played on kickstarting the depression. There's a reason the stock market crashed in 1929 - the same exact day Congress took up debate on (actually) approving such an insane bill.
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i like even better.... but i dont like drugs. but i still agree
