http://www.usdebtclock.org/ Yes, you too can watch as the debt hits $13,000,000,000,000.00! Your share if you are a US taxpayer? A mere $117,00.00 US debt is currently higher than at any point since 1942, and is expected to reach 100% of GDP in 2012. Under current white house projections, the GAO has calculated the interest payments for the debt will reach $1 trillion by 2020. CBO has stated that current deficit level spending is unsustainable. http://thehill.com/blogs/on-the-mon...-budget-office-fiscal-policy-is-unsustainable Enjoy your low taxes. It isn't going to last. Of course, the new taxes won't be transparent. They will attempt to cover them up as much as possible. But they are inevitable at this point.
If our politicians actually cared about the country and not about their party or ideology or the special interests that put them in office or even about themselves, they would simply say, "we need a balanced budget amendment and we're going to structure our budget so that we can have the deficit paid off in 30 years and if we can't afford something, we just will have to do without." Congress should force the issue, the president should flat refuse to sign anything until this is done, the states should demand this... ...but it will never happen because no politician will ever run on a platform of "we're broke and we can't afford to pay for your welfare/medicial bills/retirement/pet cause. Sorry."
Relative to other first-world countries, you all do. Of course, a lot of the debt is owed to other US government programs - the social security fund, for example. That's why they'll try to cancel social security in the next few years.
OTHER COUNTIRES DON"T MATTER! AMERICA NUMBER 1 4EVER!!!! C'mon, you know someone was going to say it.
If I recall correctly you claimed you were over-taxed and I was under-taxed. Is that still your opinion? How much more money should I be sending to the government? And how much less should you be paying?
I don't mind what I'm paying, it's the fact that it's being gifted to bankers that irks me. Yours are low by any comparable standard. To say that they're "high" without saying what they're high relative to is just arbitrary bitching.
Just because your idiotic socialist leaning gov't overtaxes the hell out of you, does NOT mean our taxes are as low as they should be.
The fact is that for every dollar the government spends today, it only takes in 67¢ in taxes. You say cut federal spending, buy where do you start? The wars? The fact is that Iraq and Afghanistan were the first times in our history where we were in wars and taxes were cut. NASA? The president tried that and everyone got all butthurt over it... Myself included. The facts are that since everyone loves all of these government services so much, taxes are going to have to go up. And the last administration that I consider to be fiscally responsible was that of George H.W. Bush.... and we all know how that turned out. He passed Pay-Go and had had to raise taxes. As a result, he was a 1 termer. I don't think there anyone in politics today with that kind of balls. I don't think the voting public is mature enough to realize that after fighting two unfunded wars, a tax hike is neccessary.
Spoken like a true ditto-head. A lot of them do suck, but some of them work pretty good. Medicare, for instance, rocks. Which ones would you cut? Bank bailouts? The Wars? Economic stimulus? All of those were included in the numbers and none of them were meant to be perpetual spending, so that's where I'd start. Would I like to see Pay-Go become law again? I think we should be careful. It worked out great before, but we may need the lattitude later on. (Obama wants Pay-Go back, but Repubs of course are fighting him on it.)
I wouldn't "cut" anything. I'd just hold spending flat for ten, fifteen years. Reform the way government agencies spend money so that they're encouraged to come in under budget. Simplify the tax code - modified flat tax, probably - and leave it alone. Then let the growth of the economy work its magic.
Well, they are certainly trying to stealth tax us. The requirement that every business send a 1099 to any company they purchase $600 from. So if you buy an apple laptop for your web design side business, you have to get apple's tax ID and send them a 1099. Buy a load of kerosene for your farm? 1099. Take a flight to another country? 1099. So in theory you are collecting more revenue without changing the tax laws. In reality you are burying small businesses in paperwork and giving the IRS unprecedented power. http://money.cnn.com/2010/05/05/smallbusiness/1099_health_care_tax_change/?hpt=C2
Which is why we are destroying the nation's economy. And once that goes, you can expect our freedoms to go with it. Happens every time. Politicians interests aren't the nations interest. Getting re-elected is their only goal now, and for that they have to mortgage future generations. Sooner or later the bill comes due. Happens every time. Philosophers were talking about it 3000 years ago.
Or we could cut unconstitutional social services. Or we could stop using the feds as a middleman for taxing the states just to give money back to the states. There is no logic in taxing the residents of New York to give the money back to New York for roads and pork. Or we could simply tell the 48% of Americans that pay no federal taxes that it's time they kicked in too. Wasn't it Obama that said we all need to have some skin in the game? For half of all Americans, they have no skin in the game, so they have no problem voting for politicians that pander to them with promises of more "free" shit, shit that people like you and me have to pay for. I'd start by eliminating Medicare, Medicaid, and Social Security. Anyone bitches about how they paid into it, just tell them "you did and that money went to fund your parents' retirement and you voted for it. It's not right that your kids and grandkids have to pay for yours. Social Security was a big ponzi scheme and you ended up holding the bag, but you're saving America from itself, so someday you'll be called the Greatest Generation." I'd start by going through every single federal expenditure and asking where that falls under the Constitution. Anything that is authorized as a "Commerce Clause", "Necessary Clause" or "General Welfare Clause" gets eliminated, as do those things that don't fall under any category. The party's over and we have to pay the bill. We can't do that by continuing to order drinks.
Don't worry about him. He's a fucking retarded liberal. The only thing he can think to cut are the wars and NASA. (although he claims he was against NASA cuts) Nothing else in the government can be cut. Medicare rocks? It rocks at sucking ass. That's the only thing it rocks at. It sure as hell isn't saving the US any money.
First of all, I am not a liberal. Just because you are a far right extremist doesn't mean everyone else is a liberal. Secondly, I stand by my comments on NASA. I challenge you to prove otherwise. Lastly, I challenge you to find any private insurance that will cover a person over the age of 65 for less than what Medicare does it for. You may use the entire internet as a resource..... GO!
Dude... I listen to Rush all the time. It's not an insult, but I don't believe that the government sucks at everything.
That's not actually accurate. Social security itself is still in the black and would remain so indefinetely if very minor tax increases were made.
The hell it's not an insult. "Dittohead" means "someone who agrees with Rush Limbaugh unilaterally'. I haven't listened to his show since the early 90s, but that's what it meant back then, and I'm certain the meaning hasn't changed. While you may listen to Limbaugh, from what you post here, it's evident that you hold his perspective on American politics in very, very, very low regard. That comes off sounding like some white guy trying to defend himself against claims of racism by saying, "Some of my best friends are black". So don't try to backpedal now that you've been called on it. Telling Clyde that he's "of one mind" with Rush is certainly not a compliment.
Yeah, let's bind the fate of my income to the whims of majority rule. I'm sure my fellow citizens won't gleefully bankrupt me by voting themselves endless amounts of free shit.
Dittohead coming out of the mouth of a liberal is a insult. It was always an insult when a leftist uses it. It means blind follower of Limbaugh.
Yeah, it's definitely an insult. Sorry Alpha, maybe you didn't mean it that way, but that's the way it comes across. It means 'unthinking minion.'
No he meant it that way. One can't claim to listen to Limbaugh, be a leftist and not understand how the word came about. Leftists started using the term and Limbaugh hijacked it for the show. Dittohead is an insult coming from a leftist.
