Published: Thursday, Sept. 20 2012 12:00 a.m. MDT
The ignorance and willful pride and blindness is staggering. The Democratic
answers are all about more spending and making taxes more fair, i.e. soak the
rich, as if that is going to even put a dent into the deficit and debt. What is
wrong with the thinking here? Wake up! Our government has perpetuated a ponzi
scheme, perpetuated by Democrat and Republican corrupt politicians and a deluded
and ignorant citizenry, that would put them in jail if it were practiced in
private. All you do gooders out there that believe that the way to change carnel
man is through compulsion, wake up. You can't do it. Give men and women
their liberty, allow them to pursue their selfish interests within the
capitalistic system, uninhibited nor abetted, by government, and then bring
people to a better world through invitation. It will not work any other way.
Believing that socialism will do it is ignorance and pride beyond description.
Compulsion will not work, no matter what umbrella you put it under. Get America
back to work and serve others, without using the power of the government or your
own selfish interests to "do good".
If by some miracle we balance the budget, we will still be 16 trillion dollars
in debt (48,000 per person, just short of 200,000 per family of 4). This is a
The GOP has already rejected a balanced approach. They made that clear. What they want is to cut services to the old, students, and poor while
giving more handouts to the rich.
The Democrats made an excellent proposal -- $10 in spending cuts for every $1 of
increased revenue. That would have handled everyone's concernins. Of
course the Republicans said "no".
re:patriotLooking back at the history of the Bush tax cutsIn order
to maximize the size of the cuts, Republicans had to minimize the influence of
minority Democrats on the package. So they chose to run the bill through the
reconciliation process.But that posed some challenges. Budget
reconciliation had never been used to increase the deficit. In fact, it
specifically existed to decrease the deficit. That's why one of its rules
was that you couldn't use it to increase the deficit outside the budget
window. Republicans realized they could take that very literally: The budget
window was 10 years. So if the tax cuts expired after 10 years, they
wouldn't increase the deficit outside the budget window. They'd also
have the added benefit of appearing less costly in the Congressional Budget
Office's estimates, as the CBO duly scored them as expiring after 10 years,
which kept the long-range budget picture from exploding.In total,
since 2001, the CBO calculates that tax cuts have put the Treasury
$6.1 trillion in the red.
To "Truthseeker" unfortunately your analysis is wrong. Tax cuts do not
create deficits. Deficits are created by spending more than is taken in.The CBO does not take into account jobs created as a result of lower tax
rates.Tell us, which is better for the government, to collect 5%
more from people who pay taxes, or to have 3 additional people working and not
collecting government benefits?
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