Egann said: Yeah, NO. Here's my list. If a law worked, it should repass easily in a rubber-stamp. Democracies live on the people knowing things, though, so renewing classification should be reserved for things of great need. 4. All nationally elected officials should be paid based on the average national income. They should get penalized if income inequality becomes too wide or debt exceeds 35% GDP. They should forfeit all benefits should debt hit 100% GDP. A little debt is healthy. 100% GDP means paying the debt back is almost impossible. I want congress to panic if we get close to that, not play "let's shut the government down for a weekend." 5. Laws need to have a due diligence period before they are passed to investigate unintended consequences. The bigger the bill, the longer the due diligence period. Obamacare is the big recent offender. Apparently they thought McDonalds would love to pay healthcare for 30 hour/ week employees rather than hire more people. The endangered species act is another good example because it incentivizes killing endangered species to protect your land rights. Research what you are doing, you IDIOTS. |
Debt is not the issue, deficits are. Sovereign Debt is effectively sustainable ad infinitum under the right conditions, conditions the US finds itself in. Deficits can cause a crowding out effect to stifle investment, but only in robust economies. Nominally one would reign in deficits to arrest growth of or pay down debt in bull economies, so that they have more leeway to step on the gas in bear economies.
Monster Hunter: pissing me off since 2010.