Work at Home

[Terry Allison]

Work at Home

Work at home is working smart. Working at home allows a person to take control of his or her financial future. If a person has the desire, motivation, and a big dream, they can succeed in a work at home business. The following article suggests how the government should go big, be bold, and be smart in handling our economic problems. That same advice should apply to all people who are willing to be proactive in his or her future.

Our advice to the debt supercommittee, Go big, be bold, be smart
Original article at The Washington Post
By Alan Simpson and Erskine Bowles, Published, September 30

As the Joint Select Committee on Deficit Reduction, widely known as the supercommittee, begins its work, many have asked what we would counsel based on our work last year as co-chairmen of the presidents fiscal commission. We can summarize this advice in seven words, Go big, be bold and be smart.

The stakes for this committee are very high. If the panel is unable to reach agreement on a credible deficit-reduction plan, and the across-the-board cuts agreed to in the August debt-ceiling deal are allowed to take effect, the consequences to our economy and our political system would be serious, if not devastating. Such an outcome would produce not only bad policy, by cutting spending indiscriminately without setting priorities, but would further undermine public and market confidence in the political systems ability to resolve problems.

Given the tremendous challenges the committee faces and the dire consequences of failure, some have questioned why we and others have called on its members to reach an agreement that goes well beyond the goal of 1.5 trillion dollars in deficit reduction. We believe that going big could actually improve the chances of success, in terms of the politics and the economics of debt reduction.

We have called for at least 4 trillion dollars in savings because it is the minimum amount of deficit reduction necessary to stabilize the U.S. debt and put it on a downward path as a percentage of gross domestic product. A package that achieved 1.5 trillion dollars in savings would generate a great deal of opposition from affected constituencies but would still leave in place a large and growing debt burden.

When we presented our co-chairmens proposal to the rest of the fiscal commission in November, Washington insiders were shocked that we so aggressively exceeded our mandate. They were sure that the proposal would need to be scaled back to get a majority vote. It turned out that the opposite was true. The more comprehensive we made it, the easier our job became. The tougher our proposal, the more people came aboard.

Commission members were willing to take on their sacred cows and fight special interests, but only if they saw others doing the same and if what they were voting for solved the countrys problems. This spirit of shared sacrifice gained us broad bipartisan support, spanning from Democratic Senator Dick Durbin to Republican Senator Tom Coburn. We would not have garnered that type of support had we not taken on defense, domestic programs, the solvency of Social Security, health care, and spending in the tax code all at once.

The supercommittees work is not simply arithmetic. Its members must be smart in how they achieve savings. They should avoid making immediate deep cuts that would jeopardize our fragile economic recovery. They need to set priorities, such as reducing lower-priority spending while preserving funding for key investments necessary to compete in a knowledge-based global economy. And they should not make cuts that would harm the disadvantaged.

We are encouraged that President Obama has embraced the goal of stabilizing the debt and the target of achieving at least 4 trillion dollars in deficit reduction. Unfortunately, his proposal falls short of this goal by counting war savings that were already planned, and while it does, barely, stabilize the debt, it does so at a dangerously high level and with no margin for error. We are disappointed, too, that the president did not address the long-term solvency of Social Security. Nonetheless, it represents a step forward.

The president has said that he will not support major cuts to entitlements unless the package includes additional revenue, but the opposite must be true as well. The president must be willing to support real savings in entitlements that deal with long-term costs. We can not simply cut or tax our way out of this problem. Bringing our debt under control will require tackling the growth of entitlements and reforming the tax code to promote economic growth and generate enough revenue to meet our commitments.

The work done by our commission and others has shown that it is possible to reform entitlement programs in a way that preserves and even strengthens the safety net for the most vulnerable while achieving significant savings. Similarly, by pursuing comprehensive tax reform that eliminates or reduces many of the 1.1 trillion dollars in tax expenditures, we can raise revenue in a way that improves progressivity in the tax code, because these tax expenditures disproportionately benefit upper-income taxpayers, while promoting economic growth by removing economic distortions from tax expenditures and reducing marginal tax rates.

If the supercommittee is bold, it can put forward a smart, well-formulated deficit reduction plan that not only reduces our deficit but also maintains our economic health and restores public confidence in Americas ability to govern wisely and prudently. Failure to do so will incur a great price.
Alan Simpson, a former Republican senator from Wyoming, and Erskine Bowles, who served as chief of staff to President Bill Clinton, served as co-chairmen of the National Commission on Fiscal Responsibility and Reform.

Work at home is the solution for an individuals financial issues. Working at home is being able to look at the advantages of your alternatives and is a great choice for your financial stability. Work at home is the best option. Be proactive on your financial future, especially in times of economic uncertainity. There is a community where an entrepreneur can gain valuable information on a work at home business.

Work at home can happen for you, if you are motivated. Now, there is a work at home community that you can work with and gather as much information that you need to succeed. The community name is Tomorrows Home Business social community and is located at this address http://tomorrowshomebusiness.ning.com.

In this work at home community, the business entrepreneur will be able to read blogs and watch videos for business, or just for pleasure. With a couple of RSS feeds coming to the main page, the entrepreneur can even stay informed of what is happening in the world. There is something here in this community for everyone.

Groups like the Maniac Marketers come in and post their blogs in the community, giving valuable information for their Health and Wellness businesses. If you would rather watch videos of the TriVita videos, you can do that, too. Or if you just want to hang out and relax, you can do that, too! There are many music videos like Johnny Cash, Waylon Jennings, Pink Floyd, Eric Clapton, and Seasick Steve! Or if you want to learn about handcrafts or see the equally oldest Ford antique car, a 1903 Model A Ford, you can do that, too! Or maybe you need an inspirational video clip! There are many choices of inspirational clips, such as Al Pacinos locker room speech in Any Given Sunday, or Mel Gibson as William Wallace motivating the Scottish men men before battle in Braveheart; or Sylvester Stalone as Rocky and how he motivates himself in the boxing ring, or even his inspirational conversation with his son, and who can forget those chants for Rudy in the movie Rudy!

When you become a member of Tomorrows Home Business Social Community, there is a profile created just for you. You can use the standard set-up on your page. Or you can be as creative as you want to be. For an example check out my profile page at Terry Allisons Profile Page. I use my profile page as a dream-building tool. I have always wanted a Harley-Davidson motorcycle. I have learned to keep this dream in front of me.

A work at home community for people wanting to find out more information on starting their own work at home business. You can also subscribe to this RSS feed to receive up-to-date information from the community blogs Tomorrows Home Business Social Community RSS Feed

Terry L. Allison, Sr.
Creator of Tomorrows Home Business Social Community
http://terryallison.com
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