We can't continue on our current path. The promises made by our "profiles in courage" to get votes regardless of the cost will eventually sink us as a nation. And yet, you don't hear very much about this at all in the national election.
Unfortunately, the only way that people are going to start caring about the debt is when it hits their entitlements. Which it will.
A softer landing could have been engineered decades ago. But, when GWB raised the issue, the "granny killer" lies deluged him.
People are getting the government they deserve, good and hard.
Meanwhile, today's paper talked about a $1.8T deficit this year. Harris, born of the administration that fed that deficit, sees every government problem as a reason to spend more money.
Unfortunately, when the bill comes due is when we'll be in a truly bad state to pay it with a smaller population generating less tax revenue. This is an issue that should have been a hot topic but instead we're arguing over whether Trump is Hitler redux and so forth.
Equal time: The Right will pay lip service to trimming “non-defense, discretionary”, spending which is a small percentage of the total budget, and offer a fanciful interpretation of the Laffer Curve to claim we can balance the budget by cutting taxes.
Yep. The Right pretends it cares about the debt when it's not in power. But, say boo about Social Security, and the "my money!" screams drown everything out.
If it is not a flat tax, then the goal is not raising revenue to pay for public services, but rather, to engage in social engineering. Every single study from every single group has returned the same result about who pays the lion's share of taxes, yet the moronic 'fair share' talking points remains viable in some circles.
A much needed blog with lots of delicious detail, Peter!
We can't continue on our current path. The promises made by our "profiles in courage" to get votes regardless of the cost will eventually sink us as a nation. And yet, you don't hear very much about this at all in the national election.
Unfortunately, the only way that people are going to start caring about the debt is when it hits their entitlements. Which it will.
A softer landing could have been engineered decades ago. But, when GWB raised the issue, the "granny killer" lies deluged him.
People are getting the government they deserve, good and hard.
Meanwhile, today's paper talked about a $1.8T deficit this year. Harris, born of the administration that fed that deficit, sees every government problem as a reason to spend more money.
Unfortunately, when the bill comes due is when we'll be in a truly bad state to pay it with a smaller population generating less tax revenue. This is an issue that should have been a hot topic but instead we're arguing over whether Trump is Hitler redux and so forth.
Equal time: The Right will pay lip service to trimming “non-defense, discretionary”, spending which is a small percentage of the total budget, and offer a fanciful interpretation of the Laffer Curve to claim we can balance the budget by cutting taxes.
Yep. The Right pretends it cares about the debt when it's not in power. But, say boo about Social Security, and the "my money!" screams drown everything out.
If it is not a flat tax, then the goal is not raising revenue to pay for public services, but rather, to engage in social engineering. Every single study from every single group has returned the same result about who pays the lion's share of taxes, yet the moronic 'fair share' talking points remains viable in some circles.
It's a vicious cycle of politicians lying and being rewarded by voters who choose to believe the lies.