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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Katelew who wrote (252676)12/30/2007 7:07:34 PM
From: Bearcatbob  Read Replies (3) | Respond to of 281500
 
"Dems will combat the problem by raising taxes, and the amounts they would need to raise would most likely hurt the economy.

Reps will combat the problem by reducing benefits, and the amounts they would need to cut would also hurt the economy as seniors make fewer consumer purchases in an attempt to cover more of their own retirement expenses."

Simple means testing would solve the problem.



To: Katelew who wrote (252676)12/30/2007 7:07:59 PM
From: Nadine Carroll  Read Replies (4) | Respond to of 281500
 
Dems will combat the problem by raising taxes, and the amounts they would need to raise would most likely hurt the economy

Just to throw a data point into the argument, the Bush tax cuts have actually made Federal tax receipts RISE by 40%, a point you rarely see mentioned in the media. What needs to be cut is Federal spending, and neither party looks likely to do it.


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