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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (3078)8/28/2005 6:23:03 PM
From: Dale Baker  Respond to of 540990
 
Wow - I suspected that was the case but I never saw actual poll data to prove it. Peterson's book "Running On Empty" goes into a good discussion about how people are addicted to more and more government benefits with no provision to pay for them without just borrowing more.

What happens to any family, company or other organization that runs up more and more debt and never gets its books back into balance?

It's a familiar story. Too bad so many folks won't face up to it. Borrowing ourselves into oblivion is not a way to live.



To: Rarebird who wrote (3078)8/29/2005 6:01:24 PM
From: TimF  Respond to of 540990
 
And when asked about the only method which had any chance of actually working - cutting spending AND raising taxes - only ONE PERCENT voted in favor.

Either one could work. Combining them would probably have a more powerful effect, and might be more acceptable politically (Conservatives accepting tax increases in exchange for spending cuts, and liberals doing the reverse) but it isn't really the only method that could work.

Actually you don't need either tax increases or spending cuts. You just need to control spending increases to a rate lower than our economic growth. But that effort has to be sustained over time.

I do agree with what I think is your main point "while Americans don't like what their "elected representatives" are doing, they certainly don't want them to take the concrete steps necessary to change their ways".

Tim