On our 4T budget

Our budget for 2018 is 4T (T = 1,000 B). Do we have tax income to cover 4T? 

We need to balance the budget.

It is irresponsible to borrow money and ask our children and their children to pay for our debts.

Obama saved the stock market, but doubled our deficit in his terms. He satisfied his voters by giving them what they need. Are we the voters to be blamed? The deficit is important in the long run as we would lose our competitive edge when we have to service the hefty debts.

I propose the following:

1. Add the following in the Constitution. If the president cannot balance the budget, s/he cannot run the second term.

2. In mid year, make adjustments to the spending according to the budget / tax income.


Steps to balance the budget:

1. Reduce our burden of a world policeman.

2. Cut down welfare for ABLE recipients.

3. Cut down corporate welfare.

4. Prosecute violators such as many drug companies (price gauging and why lower prices in foreign countries), disability frauds...

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My additional comments and many are for your entertainment.

9. Encourage fast food, drinks and drugs (legalize all)... to reduce population and at the same time receive taxes.

10. Free Viagra and sex parties at senior centers - to promote fun and early death.

11. Give a tax credit to those who want to die earlier without burdening our Medicare system.

13. Let God destroy this evil world with all the problems.

17. Outsource everything including the government except the President's job to China and India.

18. Take out the Twitter from all politicians.

Joke or real - you decide.

I received a lot of responses in the above comments in WSB from Seeking Alpha. Some of the comments are great while some are for entertainment.


4A. Federal government negotiates lower drug prices for Medicare. Why are US taxpayers continually being ripped off by US pharmaceuticals who sell the same drugs to other countries at much more significant discounts. Why doesn't the GOP ever try and reduce deficits this obvious way, and allow US taxpayers to subsidize the rest of the world?


5. Make everybody pay taxes.

6. Eliminate child and mortgage deductions

7. Cut down on individual welfare including education

8. Increase Social Security retirement age and tax rate

12. Everybody must stand and sing.

14. Stand up like men and get the job done(I definitely know it's not easy).

15. Four day work week for all!

16. no premium on silver and Ben takes over that administration.