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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
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.
