It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by Convicted
reply to post by joeym1991
I have looked into the 9-9-9 plan.
What problems do you see with it?
Originally posted by Convicted
reply to post by joeym1991
Thats a valid point but its all we have to go by now.
Thing is, Herman Cain is going to keep going up, because nobody really wants Romney. Romney doesnt even know what he believes in.
Bachmann willl go down soon and Herman will get her support. I think some Ron Paul supporters will move over to Cain once they realise that Paul just cant get above 12 pct. I like Paul, but sometimes he shoots himself in the foot. I like that because at least he stays true to what he believes, but it doesnt help him in the big picture.
Originally posted by Novise
I liked the 9-9-9 plan but if Cain does not talk about it along with serious cuts then yes, it would be a disaster. What is he going to cut? So I think a mix of income tax and sales tax is a great idea, but I agree with those who have said it's not enough money IF you don't cut anything significant.
Originally posted by joeym1991
Originally posted by Novise
I liked the 9-9-9 plan but if Cain does not talk about it along with serious cuts then yes, it would be a disaster. What is he going to cut? So I think a mix of income tax and sales tax is a great idea, but I agree with those who have said it's not enough money IF you don't cut anything significant.
They will cut funds to anything that is productive and efficient or good for the people. Science programs, education, SS etc.
Originally posted by Convicted
reply to post by joeym1991
We already arent brining in enough money to cover the entitlement programs. I am not sure that over the next 10-20 years we could bring in enough to cover them no matter what we did. They wont have to be eliminated entirely but they will have to have significant adjustments, regardless of who is president.
The 9-9-9 plan is revenue neutral, meaning it takes in as much tax as currently being collected. It should, hopefully, create growth and so that would in the end create more revenue and lower entitlement costs as we get more and more people back to work and off of entitlements like welfare and unemployment.
Originally posted by joeym1991
Originally posted by Convicted
reply to post by joeym1991
We already arent brining in enough money to cover the entitlement programs. I am not sure that over the next 10-20 years we could bring in enough to cover them no matter what we did. They wont have to be eliminated entirely but they will have to have significant adjustments, regardless of who is president.
The 9-9-9 plan is revenue neutral, meaning it takes in as much tax as currently being collected. It should, hopefully, create growth and so that would in the end create more revenue and lower entitlement costs as we get more and more people back to work and off of entitlements like welfare and unemployment.
So you are suggesting that we are in debt because of entitlement programs? Because if that were the case you are presenting i strongly disagree .
Originally posted by Convicted
Actually, having spent the last 15 years as a business consultant I think my customers think I know a little bit about business. The focus of my work is to help clients develop processes to serve their customers at the highest level while remaining efficient and profitable in doing so.
You are correct, sometimes that means job losses, more times over the course of a year or two it means job gains as the business grows its sales, because it has customers who are happier and that refer their friends and families, and business acquaintences to this company because they are pleased with their interaction with these companies.
Truth is, some jobs should have never been created in the first place as they were the result of poor business processes created out of ignorance or desperation. Some jobs should be eliminated, because there are now better, more efficient ways to do things then there were even 10 years ago.
It doent do the company, its employees, or its customers a damn bit of good to be inefficient or deliver low quality customer service. As an extreme example, if a company fails to deliver they will go out of business and all the employees loose their jobs. Is that good for anyone?
Thats what you need to look at with the Federal government. We are over 14 trillion in debt, with 75 trillion in unfunded liabilities. We are running a 1.5 trillion dollar deficit year after year with no end in sight. You cannot do that for very long before your economy collapses. When the company collapses it hurts the elderly, the young,and the poor the hardest. There will be no money for SS, Medicare, Medicaid, Welfare, etc... What good does that do anybody?
Originally posted by Convicted
Originally posted by joeym1991
Originally posted by Convicted
reply to post by joeym1991
We already arent brining in enough money to cover the entitlement programs. I am not sure that over the next 10-20 years we could bring in enough to cover them no matter what we did. They wont have to be eliminated entirely but they will have to have significant adjustments, regardless of who is president.
The 9-9-9 plan is revenue neutral, meaning it takes in as much tax as currently being collected. It should, hopefully, create growth and so that would in the end create more revenue and lower entitlement costs as we get more and more people back to work and off of entitlements like welfare and unemployment.
So you are suggesting that we are in debt because of entitlement programs? Because if that were the case you are presenting i strongly disagree .
Nope that isnt what I am saying. My answer is that we are in debt because we have spent way more than we are taking in for decades. I trace it back to starting with the oil embargos in 1973, but I could be totally wrong.
What I am saying is that spending has to be brought under control, and very soon. If you want me to lay blame, its both sides fault. They overpromised and under delivered. Its easy to get votes by telling this group and that group you will give them what they want and make their dreams come true. Both sides are guilty.
The thing is we are running out of time. We are down to printing money to buy our own debt. Where do you go when that stops working?
Originally posted by KeliOnyx
reply to post by Convicted
For starters it is designed to do one thing, crush the poor and obliterate what is left of the middle class. It puts the bulk of the tax burden on those that can least afford it. The 9 for sales tax is very misleading in that it is a 9% National sales tax in Alabama that puts your general sales tax at 13% in Ohio 14.5%, North Dakota 14%, and Texas 15.25%. This is just adding the State general sales tax to it, without even going into what the local sales tax adds to it.
This alone requires those at the bottom to settle for lower and lower quality goods while accepting lower and lower wages. The bulk of the working class income is spent on the things that they need to survive, this disaster of a plan leaves them with even less discretionary income i.e. less money being put back in the economy. Couple this with a 9% income and corporate tax rate which brings in less revenue, requiring draconian cuts to programs that help people make ends meet and increase the amount of discretionary income they have like WIC and home heating programs. It isn't too hard to see that this so called plan isn't just a continuation of current policy, but rather an accelerant to what is already happening.
Again, this doesn't work when applied to government. After all, there's only one government (unless i guess, you're wealthy enough to shop around for the best country for your interests...) It's not competitive; if the government does poorly, you can't just go "Okay well, let's give our business to Poland."
So when it comes to government, should we be "hiring" people like Cain who have a stated, vested interest in making the "business" even more inefficent as a method of excusing demands for its demolition?
And according to Cain and the other "businessmen" in Washington, the answer is to obliterate all services to those same people whole continuing the gigantic expenses going to the Pentagon and corporate welfare cases. Why? Again because they come from a school of thought - the modern business school of thought - that customers are negligible, easily replaceable, while hte police (military) and big investors (corporate donors) are the really important people
Originally posted by joeym1991
We are in debt be cause of Wall Street greed, tax breaks for the rich, two wars, and a prescription drug program written by the drug and insurance companies. do agree to an extent that it is both parties fault.
Originally posted by Convicted
Again, this doesn't work when applied to government. After all, there's only one government (unless i guess, you're wealthy enough to shop around for the best country for your interests...) It's not competitive; if the government does poorly, you can't just go "Okay well, let's give our business to Poland."
That is exactly what is happening everyday in this country. Businesses look around the world and say where is the best place I can do business. Then they go there. You can do an awful lot of things anywhere in the world. You can ship things from anywhere in the World for $500 per container. You have internet access that is global, which means you can create a presence in a country you dont even exist in. You can have a US phone number and website that goes to a company in the Phillipines for instance. P&G are moving their financial services, high end jobs, to South America. Why? Because they can and they are voting with their feet.
So when it comes to government, should we be "hiring" people like Cain who have a stated, vested interest in making the "business" even more inefficent as a method of excusing demands for its demolition?
Yes we should as he isnt trying to destroy government but to make it more productive and to produce a greater return for the American taxpayer. Thats not a return in profit, its a return in cost/benefit.
And according to Cain and the other "businessmen" in Washington, the answer is to obliterate all services to those same people whole continuing the gigantic expenses going to the Pentagon and corporate welfare cases. Why? Again because they come from a school of thought - the modern business school of thought - that customers are negligible, easily replaceable, while hte police (military) and big investors (corporate donors) are the really important people
He isnt trying to obliterate all services, he is trying to get to break even. His 9-9-9 plan eliminates all corporate welfare. No business that will be in business long thinks its customers are negligible. Customers mean revenue. revenue is the only life blood for a business.