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

To: Peter Dierks who wrote (41951)	3/11/2010 6:12:26 PM
From: RMF	Read Replies (1) \| Respond to of 71588

Yeah, the BEST answer to these deficits would probably be spending $50 Billion on sending guys to Mars. There COULD be gold bars up there....

To: Peter Dierks who wrote (41951)	2/21/2012 12:36:37 AM
From: RMF	Read Replies (2) \| Respond to of 71588

Peter, I certainly agree that these deficits are unsustainable, but I don't agree that raising taxes won't be necessary. There's NO WAY to balance budgets simply by "cutting" stuff. There isn't enough stuff to cut. Defense spending has been going UP and that so-called cold war dividend has disappeared. Our population is growing older and health care costs are growing faster than anything else. I keep hearing that raising taxes will CUT our economic growth, but if you look at the result of tax cuts in the last 30 years on our DEBT you see a different story. Reagan cut taxes in 1980 and our debt TRIPLED in 8 years. Bush cut taxes in 2000 and our debt DOUBLED in 8 years. Too many more tax cuts and we'll be BANKRUPT. That's NOT to say that I like how this government is being run. We need to CUT and cut BIG. I think it's obscene that government employees are now making MORE than their private sector counterparts. And there are way way way TOO MANY government employees. We don't need a gazillion people working in the Federal Government. We need to cut the Federal Government by AT LEAST 1/3rd, but also get rid of all these tax loopholes and raise enough taxes through that and higher rates to get the country back to at least a balanced budget and hopefully SURPLUSES once again. Europe is finally coming to grips with this stuff and the American people need to also.