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Originally posted by BritofTexas
reply to post by intrepid
Are you advocating Rand Paul as the saviour of the GOP?
Originally posted by Maslo
I think GOP will have to turn a bit to the left in economic matters and libertarian in social matters. Immigrants tend to be religious so that may be a way to reach out to them.
Originally posted by beezzer
reply to post by intrepid
The thing is, we don't need a "Paul".
We need a couple of hundred people willing to stand up, be honest with the American people, and do the job.
One or two ain't gonna cut it.
Originally posted by beezzer
The point is, unless real reform (via a mandate) takes place, there won't be a country worth being President for, next election time.
You won't be able to find a good and decent person willing to take office.
(Caveat; yeah, I know we haven't had a good and decent person in a while. . . )
Originally posted by butcherguy
Originally posted by beezzer
The point is, unless real reform (via a mandate) takes place, there won't be a country worth being President for, next election time.
You won't be able to find a good and decent person willing to take office.
(Caveat; yeah, I know we haven't had a good and decent person in a while. . . )
Shhhh, (don't tell anyone) but it is too late. If everyone finds out, there will be chaos before chaos is supposed to ensue.
We seriously have no way to turn this around without everything hitting rock bottom.
The country is not experiencing any more problems than it has at any other given time in our history.
Originally posted by butcherguy
reply to post by Hopechest
The country is not experiencing any more problems than it has at any other given time in our history.
You are not considering the ratio of the national debt to the GDP.
Because that is far worse than it has ever been. How will that turn around? If you look at the staggering numbers, you will realize that it can't.
Not one that can't be worked out.
This is really the start of the very familiar political arguments about the role of government spending and economic growth. The chart above shows the relationship between debt and growth. As the size, scope and role of government changed drastically under Franklin D. Roosevelt and his New Deal, the US posted its biggest-ever peacetime debt increase. The debt jumped by 150% from 1930 to 1939, when it was at around $40.44 billion (about $673 billion in today's money.) At the same time, the economy--the bottom of the formula--collapsed, as did government revenues, which suffered from lower economic activity. The result? A new debt-to-GDP record of 44% in 1934. And this was all before Pearl Harbor.
Because on top of the roughly $11.4 trillion in US government debt, which can be bought and sold and is floating around in financial markets, there's also nearly $5 trillion in debt that the US government owes to itself. Those are largely obligations to the trust funds that are used to pay for programs such as Social Security. These aren't counted in debt-to-GDP charts published here, and are often excluded from such calculations. But if you did include this debt--and there's an argument to be made that we should, since the government is on the hook to pay these claims--the US debt-to-GDP ratio was just under 100% at the end of 2011.