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

To: Katelew who wrote (59991)	4/19/2008 12:15:00 AM
From: Lane3	Read Replies (2) \| Respond to of 542256

That only works if you have rising wages to bring more tax revenues in. Rising wages are not the key path to more tax revenue. They are a drop in the bucket, at best. You can't inflate out of something that's growing each year. OK, kiddo, you tell me how to get out of it. Raise wages, maybe? You realize, don't you, that it will grow even if we pay as you go on new programs? That's simply untrue Where do you get this stuff? When did we ever increase taxes to meet more than current expenses. Just one example, please. The uproar would be greater than the uproar over Reverend Wright. There might even be riots over it. Good grief. Pay off the debt through taxes? Risible. The likelihood of it happening, not the notion of doing it. I can't make excuses for deception. You seem to think our Great Society programs, SS and Medicare were wrongheaded. Their financing or lack of same put a burden on future generations. You've given me the impression that you find willfully increasing the debt wrongheaded. Am I mistaken? My major complaint is that we're dishonest about doing so. I think that there may be good reasons to sometimes use debt. Not very often and not long term, but there may be.