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Examine the Debt Commission Recommendations   17  Nov  2010

 Article by Tom McMasters 
          
Executive Summary  -- 
The Co-Chairs of the Debt Commission (real name is National Commission of Fiscal Responsibility and Reform) came out with a draft proposal on how to reduce the National Debt.  This is a good starting point for the conversation.  But I believe we should be more aggressive then their proposal.

 - Tom McMasters

 

The Co-Chair's of the Debt Commission released their draft proposal. Of course, the fifty slide presentation it is not very detailed and the news reports tell us there is oppositions to the report from both sides of the political spectrum.  But this is a good starting point for a conversation.  My first impression is they aren't as aggressive as they need to be. When talking about Social Security changes taking place 30 years in the future isn't going to help us now.  In looking at their medical section I don't think they really understand the medical crisis.  As much as 70% of their medical advice is off track.  I like the simplified income tax code and wish I had composed the article in my head that promotes getting away from social/economical activism in the personal income tax code (this article when written will conflict with other articles I wrote not too long ago where I promote using the tax code as a means for promoting a social agenda - but I've modified my position somewhat on this subject).  

Unfortunately, I don't have time to write out my thoughts tonight.  There are many subjects within the report to examine.  I'd like to get engaged in a conversation about the most interesting areas. Email me telling me your thoughts on one aspect or another and I'll use that to prompt my next posting.  

Have you read my article Did the Bush Tax Cuts Cause the Recession? 

        

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Background: tfmsview, The Online Magazine; publishes commentary and opinion by Thomas F. McMasters.  Tom McMasters achieved ballot position for Ohio ’s 8th Congressional District Republican Primary as an alternative candidate to Rep John Boehner.  The congressman from the 8th district represents the people from Allen Township, Jacksonburg, Ansonia, Ludlow Falls, Arcanum, Maria Stein, Beckett Ridge, Mayfield, Bradford, Middletown, Burkettsville, Montezuma, Butler Township, New Bremen, Camden, New Miami, Casstown, New Paris, Celina, New Weston, Chickasaw, Newberry, Coldwater, North Star, Dayton, Osgood, Eaton, Oxford, Eldorado, Piqua, Fairfield, Pleasant, Fletcher, Potsdam, Fort Laramie, Rossburg, Gasper Township, Sommerville, Gibson Township, St Henry, Gordon, St Marys State Park, Grand Lake, Staunton Township, Granville, Tipp City, Greenville, Trenton, Huber Heights, Troy, West Manchester, Union City, West Milton, Versailles, York , Wayne Lakes   It covers Darke, Preble, Miami , Mercer and parts of Montgomery and Butler counties. Newspaper and television stations that serve the district include: The Middletown Journal, WCPO, The Cincinnati Enquirer, The Dayton Daily News, The Fairfield Echo, The Hamilton Journal-News, The Huber Heights Courier, The Middletown Journal, The Oxford Press, The Piqua Daily Call, The Daily Advocate, The Daily Standard, The Oxford Press, The Tipp City Herald, The Tipp News Daily, WCET, WDTN, The West Milton Record, WGRT, WHIO, WKEF, WKRC, WLWT, WPTD, and WXIX. 

Tom would like to thank all the Ohio voters and absentee voters that took the time to find their voting places and precincts to cast their ballots in his bid to become a member of the US House of Representatives.  American politics and Ohio politics benefits from all the new people becoming engaged in the political discussions.  The registered voters that identify with The Ohio Tea Party, Coffee Parties, Constitution Party and others engaged in the political debates will help strengthen the incumbent and all challengers. 

 Now that the primary is over Tom has again embraced his tfm persona as a political commentator; offering insight into issues such as the budget deficit, the national debt, taxation, healthcare reform.  The website is set up as a political blog but it delves into other categories concerning basic American and Ohio life.  Also, contributions and comments by all readers is always welcome.



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