The Mudcat Café TM
Thread #139355   Message #3198924
Posted By: Jack the Sailor
31-Jul-11 - 02:41 AM
Thread Name: BS: The Republican Default Crises
Subject: RE: BS: The Republican Default Crises
People have to live differently, sustainably. My 28 year old step son is doing it. A lot of young people are. Get the dollar down a bit more. We'll make more things here. Buy less foreign energy. Make more of our own. Tax the rich, pay down the debt. Make companies in the US pay taxes in the US on the profits made here. Even better make it state by state. Make GM and Toyota pay income taxes in California on income made selling their goods in California. Things will turn around. We will prosper.

Our average life styles will take a hit. But per capita income could drop quite a bit and we would still be pretty comfortable.