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Originally Posted by Slingin Sammy 33
The numbskulls are the ones that think they can solve our national debt.....by creating more debt and devaluing the dollar.
Those "unpopular positions" are what will save those programs long-term and the American people (I'm praying) are smart enough to realize that and not buy into the left's BS of raising taxes and continuing to feed the beast with no major spending reductions or fixes to unsustainable social programs.
I wasn't going to post these, but you folks on the left need to wake up to the fact that we have real financial problems in this country (didn't you see the S&P rating) and you're side is making them terribly worse with your lack of fiscal discipline:
Chart Book Graphically Illustrates Nation’s Financial Condition | The Heritage Foundation
I haven't had the chance to read these in detail but first glance paints a pretty bad picture. |
Thanks for the fancy chart from my friends over at Heritage. And please spare me the speech about Republicans being fiscally responsible.
The left, as you say, is keenly aware of the current debt and deficit crisis. No one's running from it or ignoring it. There are politics being played on both sides, but you can't simply cut your way out of a deficit and back to prosperity. If lowering taxes was the solution, well, didn't the last Commander in Chief pass, not one but two tax breaks for the wealthy, yet unemployment still rose and we added another trillion and a half to the deficit in the process. That along with the Medicare Drug Benefit, which wasn't paid for either, cost America roughly another trillion that we're still grappling with today. The economics are a little more complicated that that, but that's when the deficit train started to pick up speed.
So the real question isn't only what to cut, but how do we address the revenue side of the equation. Republicans feel, perhaps rightly so, that creating jobs add to the revenue pool and thus having an impact on the deficit. Okay, I can live with that. Democrats, on the other hand, as part of an overall package that have some sensible spending cuts simply want the Bush tax cuts to expire and go back to the Clinton years when the economy was humming along pretty nicely. I can buy that too. What I don't buy is the demagoguery of Democrats as spending liberals; that they don't give a hoot about the deficit, while Republicans are fiscal hawks and responsible stewards of the economy. Their voting records strongly suggest otherwise.
I guess we'll see where the debate goes in the coming days and weeks, but cutting too much, too dramatically could harm what little economic momentum we've achieved over the past 2.5 years.