Quote:I didn't say abolish the military, I said if you think there's more cutting to be done there's a lot of pork in that piece of the pie.

 

Disasters are going to happen, they've been happening. The key is to stop the insanity of believing that income tax rates have to be historically low in order for the economy to function.

 

I was just going with abolition to give you the full 500 billion.  If you don't abolish the military then you also have to come up with whatever you leave over... So... 750 billion total from between the couch cushions? 

 

The economy is broken.  At this point there isn't anything that will fix it within the next 50 years if things are done right.  Lowering the tax rates and reducing regulations will stimulate the economy, but we won't see the economy correct itself within our lifetimes.

 

Of course we could just accelerate the crash of the dollar and bite the bullet now - which seems so be the plan with QE.  The scary part is the possibility of coming out a socialist country on the other side.  It took 1 step towards socialism to get us out of the Great Depression, and the 2nd step may be the collapse of the dollar.

---