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	<title>Comments on: Erskine Bowles</title>
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		<title>By: Don Wilkerson</title>
		<link>http://www.executivegov.com/2010/02/erskine-bowles/comment-page-1/#comment-17836</link>
		<dc:creator>Don Wilkerson</dc:creator>
		<pubDate>Wed, 04 Aug 2010 14:22:23 +0000</pubDate>
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		<description>Here are some, but not all of my suggestions for reducing our deficit.

1. Increase the retirement period of government (civil service) employees, from 20 years to at least 30 years; better yet, let government employees retire at 65, like most Americans already do.

2.  Reduce Federal workers pay, to at least the same level that private sector employees would earn for the same work. Re-evaluate pensions and retirement benefits.

3. Reduce the number of paid Federal holidays, and the length of Federal,  paid vacations.

4. Relax the procedures for firing incompetent federal employees. 

5. Eliminate redundancy in Federal agencies!

6. Divest most government-owned assets, such as lands, of which the government was never meant to own, or control,  anyway.

7.We must rein in foreign “aid” spending, as well as the funding of everything from the U.N., to the W.M.F.! We can no longer afford to be “Sugar-daddy” to the world, nor can we continue to be its policeman.

8. Investors, and entrepreneurs are being strangled by regulations, taxes, and uncertainty. We must, in particular,  provide relief, and incentive to small business! We must stop sending our jobs overseas; again, our taxes, and regulations are driving the loss of U.S. jobs, which is currently responsible for an unreconcilable, and unsustainable  transfer of wealth, from the U.S., to countries like China! Our federal government needs to stop buying overseas products, and start buying from our own companies, whenever possible!

9. We have to insist on “fair-trade” policies that do not allow other nations an unfair advantage in the global markets.  We must stop sending our jobs overseas; again, our taxes, and regulations are driving the loss of U.S. jobs, which is currently responsible for an unreconcilable, and unsustainable  transfer of wealth, from the U.S., to countries like China! Our federal government needs to stop buying overseas products, and start buying from our own companies, whenever possible!

10. Institute the “fair tax” system. Adding “value added taxes,” to our already over-taxed economy, on top of our current taxes, is a formula for disaster! We cannot tax our way out of our dilemma, and the attempt to do so will only result in a “bigger piece” of a very much smaller pie; and less revenue. It is also unlikely that we can, in any near-term scenario, “grow our way out of the deficit. The “fair tax” system would harness the “underground” economies, such as drugs, and illegal aliens thrive on. It would also tax foreigners who now live here tax free. Think doctors and high-tech workers. It would also derive revenues from overseas visitors. Finally, the I.R.S. would be largely unnecessary, saving untold billions; maybe some of its employees could be re-tasked to our borders.</description>
		<content:encoded><![CDATA[<p>Here are some, but not all of my suggestions for reducing our deficit.</p>
<p>1. Increase the retirement period of government (civil service) employees, from 20 years to at least 30 years; better yet, let government employees retire at 65, like most Americans already do.</p>
<p>2.  Reduce Federal workers pay, to at least the same level that private sector employees would earn for the same work. Re-evaluate pensions and retirement benefits.</p>
<p>3. Reduce the number of paid Federal holidays, and the length of Federal,  paid vacations.</p>
<p>4. Relax the procedures for firing incompetent federal employees. </p>
<p>5. Eliminate redundancy in Federal agencies!</p>
<p>6. Divest most government-owned assets, such as lands, of which the government was never meant to own, or control,  anyway.</p>
<p>7.We must rein in foreign “aid” spending, as well as the funding of everything from the U.N., to the W.M.F.! We can no longer afford to be “Sugar-daddy” to the world, nor can we continue to be its policeman.</p>
<p>8. Investors, and entrepreneurs are being strangled by regulations, taxes, and uncertainty. We must, in particular,  provide relief, and incentive to small business! We must stop sending our jobs overseas; again, our taxes, and regulations are driving the loss of U.S. jobs, which is currently responsible for an unreconcilable, and unsustainable  transfer of wealth, from the U.S., to countries like China! Our federal government needs to stop buying overseas products, and start buying from our own companies, whenever possible!</p>
<p>9. We have to insist on “fair-trade” policies that do not allow other nations an unfair advantage in the global markets.  We must stop sending our jobs overseas; again, our taxes, and regulations are driving the loss of U.S. jobs, which is currently responsible for an unreconcilable, and unsustainable  transfer of wealth, from the U.S., to countries like China! Our federal government needs to stop buying overseas products, and start buying from our own companies, whenever possible!</p>
<p>10. Institute the “fair tax” system. Adding “value added taxes,” to our already over-taxed economy, on top of our current taxes, is a formula for disaster! We cannot tax our way out of our dilemma, and the attempt to do so will only result in a “bigger piece” of a very much smaller pie; and less revenue. It is also unlikely that we can, in any near-term scenario, “grow our way out of the deficit. The “fair tax” system would harness the “underground” economies, such as drugs, and illegal aliens thrive on. It would also tax foreigners who now live here tax free. Think doctors and high-tech workers. It would also derive revenues from overseas visitors. Finally, the I.R.S. would be largely unnecessary, saving untold billions; maybe some of its employees could be re-tasked to our borders.</p>
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