There's no magic one-shot solution but we have to start somewhere.
How long can we go on with revenue at 15% of GDP and spending over 20% of GDP and rising?
Even with a combination of spending cuts and tax increases it won't be enough to deal with the Demographic time-bomb brought about by Baby Boomers retiring and Millennials not being able to earn enough to pick up the slack to pay for their parents' retirement.
We're doomed either way. Which is why I'm not against going over the Cliff...
I say let sequestration happen. The Dumbocrats are just playing political games. Obama is an arrogant fool who thinks he has some sort o f mandate to turn us into a socialist nation.
Baracka Claus' Opening Bid Proves That He Wants to Take His Sleigh Over the Fiscal Cliff
Last edited by SalisburySage; 11-30-2012 at 05:27 PM.
http://www.rushlimbaugh.com/daily/20...liberal_dreams
Going Off the Cliff Fulfills Many Liberal Dreams
ROTFLMAO! That still gets me, Daily Kos. Yes daily is best way to get your Kos.
![]()
When you look at the growing gap between the rich and poor, one can't help but wonder if capitalism hasn't run its course. What is to be done about the this? The GOP has no idea, except to protect government socialist programs that benefit older Americans who tend to vote for them. They seem to be for it. Why would anyone who isn't rich support them? What are the increasing numbers of people who cannot make ends meet to do? Eat "freedom"? Put their kids through college with "freedom"? Pay for their healthcare with "freedom"? Pay for their mortgages with "freedom"? Your side need to get a clue.
The fiscal rapine of the fiscally productive will pay for... at most 8 days of central regime spending.
The problem lies with the crackhead in Freeway Ricky Ross' stash house government spending (i.e. the metastasis of entitlement programs).
One area government should become analogous to business is the area of understanding how to budget. Most businesses understand that you cannot spend more than you take in. Government does not seem to get this point. In fact, over the last 12 years, government not only seems to not get it, but they enjoy doing the totally opposite of it.
|
| Terms of Service | Search/Archive | Feedback | Contact Information | DC50tv | Baltimore Sun | Chicago Tribune | Daily Press | Hartford Courant | LA Times | Orlando Sentinel | Sun Sentinel The Morning Call | The Virginia Gazette Baltimore Sun, 501 N. Calvert Street, P.O. Box 1377, Baltimore, MD 21278 |