Tilted Forum Project Discussion Community - View Single Post - Explain something to me about Libertarianism

ASU2003 · 10-28-2006, 01:23 PM

http://www.lp.org/issues/platform_all.shtml#govdebt
II.1 Government Debt

"The Issue: The national debt imposes debt upon Americans without their consent, and loads our economy with a fiscal anchor that will burden many future generations. Our escalating national debt is nothing less than theft from our grandchildren.

The Principle: The government should operate on a "pay as you go" basis, and not incur debt.

Solutions: A debt-free government frees up economic resources, allowing for lower taxes, economic growth and lower interest rates.

Transitional Action: Eliminate the national debt using an incremental approach, being careful to avoid social disruption. We support the passage of a “Balanced Budget Amendment” to the US Constitution that restricts Congress from spending any more than it collected in revenue the previous year.

Eliminate earmarks, pork-barrel spending, and other forms of political corruption.
Congress should sell assets and reduce spending on non-essential functions to pay off the national debt as quickly as possible. "

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Host, while GW Bush and the Republicans both have the same goal of reducing taxes. Hopefully, the Libertarians will actually be fiscally conservative and balance the budget, reduce spending, and allow people to not have to rely on the government for help. The other problem is if we have free trade with everyone, we lose out on what little tax money a Libertarian government might collect. I'm not sure if anything would be done to balance the trade deficit with China for instance.

But, a lot of people work for the government, and some government programs like libraries, NASA and the DOT (highways) are good and I want to see them continued, but most people never use 99% of the services that any of those provide. And private ownership like B&N and Borders don't have a very in depth research section. The X-Prize allowed a private space craft to be build, but there isn't very much money in scientific exploration. And if private construction companies could impose tolls every few miles for building the roads and maintaining them, your commute would turn into a nightmare if you had to stop at different toll booths every 10 miles.

10-28-2006, 01:23 PM	#20 (permalink)
ASU2003 immoral minority Location: Back in Ohio	http://www.lp.org/issues/platform_all.shtml#govdebt II.1 Government Debt "The Issue: The national debt imposes debt upon Americans without their consent, and loads our economy with a fiscal anchor that will burden many future generations. Our escalating national debt is nothing less than theft from our grandchildren. The Principle: The government should operate on a "pay as you go" basis, and not incur debt. Solutions: A debt-free government frees up economic resources, allowing for lower taxes, economic growth and lower interest rates. Transitional Action: Eliminate the national debt using an incremental approach, being careful to avoid social disruption. We support the passage of a “Balanced Budget Amendment” to the US Constitution that restricts Congress from spending any more than it collected in revenue the previous year. Eliminate earmarks, pork-barrel spending, and other forms of political corruption. Congress should sell assets and reduce spending on non-essential functions to pay off the national debt as quickly as possible. " ---------------------------------------------------------------------------------------------------- Host, while GW Bush and the Republicans both have the same goal of reducing taxes. Hopefully, the Libertarians will actually be fiscally conservative and balance the budget, reduce spending, and allow people to not have to rely on the government for help. The other problem is if we have free trade with everyone, we lose out on what little tax money a Libertarian government might collect. I'm not sure if anything would be done to balance the trade deficit with China for instance. But, a lot of people work for the government, and some government programs like libraries, NASA and the DOT (highways) are good and I want to see them continued, but most people never use 99% of the services that any of those provide. And private ownership like B&N and Borders don't have a very in depth research section. The X-Prize allowed a private space craft to be build, but there isn't very much money in scientific exploration. And if private construction companies could impose tolls every few miles for building the roads and maintaining them, your commute would turn into a nightmare if you had to stop at different toll booths every 10 miles. Last edited by ASU2003; 10-28-2006 at 01:39 PM..