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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (316229)12/18/2006 10:55:41 AM
From: Elroy  Read Replies (3) | Respond to of 1573433
 
Yes, exactly. You have two choices to eliminate the deficit: either cut spending or raise taxes.

Or keep the deficit at a serviceable level, and not eliminate it. Debt is not bad. Debt on which you can't pay the interest is bad (it's too much).

Didn't you take out a mortgage to buy your first house?



To: RetiredNow who wrote (316229)12/18/2006 12:15:16 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1573433
 
Mindmeld, > It's clear that this gov't has no intention of cutting spending, so I'd like to see taxes raised.

I'm all for what you said before, i.e. forcing our government to live within its means just like the rest of us.

I can't spend all of the money I make just to prove to my employer that my salary needs to be raised, for instance. How come the federal bureaucracy rewards that?

I can't simply vote for my own raise, then raise my own salary just because I think my employer can afford it. How come our elected officials do that?

I can't simply walk up to a rich man's house with the authorities backing me up, demanding that he pay for whatever I want him to pay for just because he's rich and he can afford it. How come our elected officials do that?

If you want to see true fiscal conservatism, force your government officials to "live within their means" before they raise any tax. Every citizen has to do just that. Every corporation has to do just that, including the Fortune 500.

Tenchusatsu



To: RetiredNow who wrote (316229)12/18/2006 6:45:48 PM
From: steve harris  Read Replies (2) | Respond to of 1573433
 
You have two choices to eliminate the deficit: either cut spending or raise taxes.

No, there is a third. Raise tax revenues by cutting taxes. Works every time it has been done.