Interesting View about getting out of our mess
- Thread starter pitzerwm
- Start date
robert roman
Bob Roman
The night before the 911 anniversary Charley Rose had two guys on his show that co-authored a book on this topic.
The authors proposed a three-prong approach to begin fixing our woes.
Reel in entitlements, reduce the education gap the U.S. has with other countries and reduce deficits.
Briggs suggests strategies that might work; raise retirement age to 70 years, boost taxes on the super or mega-rich and limit military spending to 2.5% of GDP.
As for investing in infrastructure, I believe Briggs is spot on. Many things from the FDR era are still paying dividends.
I also believe it is good advice to encourage kids to get an education in a field that has a future rather than to depend on learning the nuances of Fibonacci retracement and day trading.
The authors proposed a three-prong approach to begin fixing our woes.
Reel in entitlements, reduce the education gap the U.S. has with other countries and reduce deficits.
Briggs suggests strategies that might work; raise retirement age to 70 years, boost taxes on the super or mega-rich and limit military spending to 2.5% of GDP.
As for investing in infrastructure, I believe Briggs is spot on. Many things from the FDR era are still paying dividends.
I also believe it is good advice to encourage kids to get an education in a field that has a future rather than to depend on learning the nuances of Fibonacci retracement and day trading.
Jimmy Buffett
Active member
- Joined
- Sep 4, 2007
- Messages
- 1,022
- Reaction score
- 0
- Points
- 36
The problem with the recent investments in "infrastructure" is that they were merely political payoffs to cronies. I like Buffett's solution: no one is eligible for re-election unless the budget is balanced.
