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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (23713)	10/27/2007 12:40:16 AM
From: TimF	Read Replies (1) \| Respond to of 71588

My belief is that --- when up against the wall of ENFORCED BUDGETARY SANITY, the public and their political representatives will likely turn to a mix of solutions (not an 'either or' situation), but the bulk of savings will have to come from reductions in outlays... I doubt it. 1st of all remember most of the spending is entitlements. Pork gets headline but by its conventional definition its only a small part of spending. Also as much as I'm not a fan of deficits I think you really overestimate the harm they cause. Deficits of the projected size for the next couple of years aren't really harmful, and deficits that are a smaller percentage of GDP than the percentage level of GDP growth generally aren't a major problem. At the moment we actually have budgetary sanity. Maybe a couple of years back we didn't, maybe a few years from no we won't, so I'm not dismissing the concern at all, but one can consider it somewhat serious without responding to it either rhetorically or in policy proposals the way you do. And I don't think either "declining" or "empire" describes the US very well.