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  • 7
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  • AJDuck
    9:54pm - Tue Sep 27th, 2011
    9-9-9
    When something sounds too good to be true, it probably is. That goes for Cain’s 9-9-9 plan.

    The goal is to levy a flat tax which collects 9% of GDP to fund the Federal Government, although this would probably miss a lot. Even you admit it is too good to be true. You said that it would probably have to be a 10-10-10 plan or a 12-12-12 plan. The problem with your version is the same as the problem with Cain’s plan. Where did you get your numbers? You made them up out of thin air!

    Collecting 9% of GDP will be nowhere close to what is required to run the Federal Government. What would be needed is a 23-23-23 plan. Even your made up numbers are only about half of what is required, according to www.usgovernmentspending.com. Heck, just Defense spending alone is more than 5% of GDP. These numbers aren’t some new phenomenon. Federal spending has been between 17% and 25% since the 1950’s.

    Here is the problem with our system. During a debate, when one candidate says something so foolish and disconnected from reality, the other candidates are supposed to point that out. But they don’t. People want to believe we can have good roads, good schools, a strong defense and even cure cancer, and still pay less than 10%. So the other candidates don’t dare point out the truth.

    So we count on our media to check the facts. The problem is you don’t. You just make up a different set of numbers and spout them out. The result is that people are sorely misinformed and don’t know what to believe. It would really help if you would at least check some facts.

    P.T. Barnum said there is a sucker born every minute. Chris, you are the sucker. Don’t make all your listeners as foolish as you are.

    Andrew Duck
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Wm55
    9:58am - Mon Oct 03rd, 2011
    9, 9, 9
    AJ,

    Maybe what we need is to trim the Federal government to fit the amount of revenue collected by Cain's 9, 9, 9 plan. What exactly is the return on investment of the Department of Education? We've spent a lot of money and SAT test are flat or have declined.
    What about the Department of Energy? We've also spent a lot of money and are even more dependant on foreign oil now than we were in the 70’s when the agency was created.
    Cain’s proposal is simple and straight forward, I say it’s time to give a businessman a shot at the Presidency.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • AJDuck
    8:46pm - Mon Oct 03rd, 2011
    ROI on Federal Spending
    Wm55,

    Okay, let’s look at return on investment. SAT scores may be flat, reflecting the poor level of funding given to K-12 schools, which are run by local government, not the Federal government. Pell grants, which account for much of the federal Department of Education budget have a huge return on investment. A person with a college degree earns $900,000 more than someone with a high school diploma. That a good ROI if you ask me. (Try looking for a job without a college degree right now.)
    http://usgovinfo.about.com/od/moneymatters/a/edandearnings.htm

    For the Department of Energy, the primary function is regulating nuclear power, which generates 19.1% of the electricity used in the U.S. (I don’t know the exact dollar amount, but it is a lot of money.) From a financial perspective, again it would have a huge ROI. Whatever you think of nuclear power, if we did not spend the money to make sure it was safe, the cost would be much more than what we spend on the DOE, possibly including a major nuclear calamity.

    And let’s look at some other return on investments. The internet, which accounts for a large part of the world economy, exists only because the government (DARPA) invented it for the Federal Government. HUGE ROI. We all know about Teflon from the space program. As a young Army Officer, I signed for Mobile Subscriber Equipment which cost the Army $100,000+, but also served as the test platform for cell phone technology. How much is the cell phone industry worth? Then there’s the National Cancer Institute. When I was a kid, cancer meant you died. Now we treat it and people live for years afterward. I am not sure how you value all the lives saved, but I think it was worth the investment several thousand times over, and the knowledge will save lives for years to come.

    But let’s consider your selected programs, Education and Energy. How much would we save if we cut them both entirely? We spend about $160 billion a year on both of them. That is about 4% of the Federal budget. That means instead of a 23-23-23 plan, we would need a 22-22-22 plan.

    Trim the budget to the 9-9-9 level you say? That would pay the interest on the debt and existing federal pensions, debts we already owe and have to pay. No money for defense, or highways, or the FBI, or the court system. But I guess you don’t want any of that stuff anyway.

    Andrew
    --"If you think education is expensive, try ignorance."
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Wm55
    10:51am - Tue Oct 04th, 2011
    I thought Al Gore invented the internet…
    Poor level of funding given to K-12 schools? I disagree. There are many private educational systems that do a better job for less money per child; the Catholic School system is a good example. The problem is a combination of issues including lack of parental participation, lack of classroom discipline, bloated administrative staff, and a teacher’s union that makes it incredibly difficult to remove bad teachers.

    If the primary function of the Department of Energy is nuclear power then why hasn’t this county built a nuclear power plant in the past 30-years? Maybe because their rules make it too expensive? And didn’t 3-Mile Island follow those rules and still have an incident? The DOE spends a lot of their funding pushing alternative energy sources such as hydrogen. In a former occupation I was lobbied by DOE to install a hydrogen fuel cell that cost $500,000 just for the natural gas to hydrogen conversion device; that didn’t include the fuel cell itself. A better alternative was a methanol based fuel cell, but methanol didn’t allow them to spend their grant money trying to direct the market place.

    Yes the internet was a wonderful gift to the world’s economy and I realize it was developed via the Defense Department to ensure communications after a nuclear attack. But it was the private sector that developed the GUI and made it more than just an email system. NASA and Teflon are another great story, but what about the millions of dollars spent to create a pen that could write in zero-g. The Soviets solved that problem for under $1.00 by giving their astronauts pencils. (One of the few stories I know where socialism beat capitalism.) Having unaccountable bureaucrats throwing money at problems is not the best way. As for curing cancer I sometimes wonder if some organizations really want to find a cure or just get a federal grant.

    Maybe, if a more reasonable tax system, like the 9-9-9 plan, was initiated the corresponding savings from accountants, lawyers, and hours spent meeting filing requirements would spur growth and subsequent hiring. Getting government out of the way is a good thing, look at what Hong Kong has accomplished in the past 50-years.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • AJDuck
    9:58pm - Tue Oct 04th, 2011
    Check your facts...
    Wm55,
    I do agree with one thing you said. On education, your statement “The problem is a combination of issues including lack of parental participation” is correct. It also explains why some private schools do better than public schools. Parents who can afford to put their kids into private schools participate in their children’s education more, and have the resources to devote to education. The rest of the sentence is just nonsense. Charter schools have the same range of performance (some good, some bad) as public schools.

    I am not sure where you are going with your range of comments but some are just mis-information. Try checking Snopes.com to see if your rumors are true or not.

    Al Gore never claimed to invent the internet.
    http://www.snopes.com/quotes/internet.asp

    “Space pens” cost NASA $2.95 each.
    http://www.snopes.com/business/genius/spacepen.asp

    Hong Kong’s economy is entirely dependent on trading for China (a Communist country like your Russian pencil users) and takes advantage of the way China manipulates the currency exchange. An aberration, not an economic development example.

    I don’t want to get engaged in a “tit for tat” exchange. I am dealing in a real world with real world facts. You cannot run the greatest country in the world for a dime. I choose to work to keep America great, even if that costs more than 9%. If you think we can get by on 9%, you are simply wrong, just like you are about the cost of space pens.

    Andrew
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • AJDuck
    10:07pm - Tue Oct 04th, 2011
    Back to my original point...
    Wm55 proves my original point...

    "So we count on our media to check the facts. The problem is you dont. ... The result is that people are sorely misinformed and dont know what to believe. It would really help if you would at least check some facts."

    Wm55 is an example of how misinformed Chris Core makes his listeners.

    Andrew
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Wm55
    12:26pm - Wed Oct 05th, 2011
    Get a sense of humor...
    The Al Gore comment was a joke, too bad you have no sense of humor.

    The space pen example was something I was taught in a business management class at a public university. I rest my case regarding public education. Oh, and I found out it did cost millions of dollars to create, but NASA didn’t spend it. The pens currently retail for about $17.00, $50.00 if you want the collectors version.

    Hong Kong is an Asia business Mecca where until 2000 it was run by the British whose hands off approach allowed its citizens to create wealth. So far the Red China government has allowed that philosophy to continue.

    You may not be able to run the greatest country in the world on a dime, but you also can’t run it paying close to 40 cents of every dollar on debt interest.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }