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


To: Steve Lokness who wrote (169555)8/19/2011 3:52:05 PM
From: Mary Cluney  Read Replies (1) | Respond to of 543356
 
<<<No body understands that their lifestyle today is artificially elevated on borrowed money. Borrowed by the government to up your standard of living at the expense of someone else - someone tomorrow who has to deal with your debt.>>>

We are not in debt because we have an artificially high standard of living. In fact we should have an even higher standard of living.

It is our national debt that is artificially inflated. It is inflated because the people in the highest brackets are paying artificially low taxes. A person who earns $5 Billion dollars pays an infinitesimal amount in payroll tax whereas you and everyone else pay a very large percentage. That is just one example. The other reason why we have an artificially inflated deficit is because we are paying directly and indirectly for a war we didn't have to and should not have anything to do with.

The main point is this, there is a solution to this problem. The solution does not require that we make people suffer. The solution requires time but mostly it requires that we correct policy mistakes.