So.......why do we have one???
So.......why do we have one???
Stan b & Elvis
Because the only difference between R's and D's is what they SAY.
They both DO the same things...spend your money to buy votes that keep them in office.
Democrats hate deficits but believe that there must be flexibility to ensure that the government meets its fundamental moral obligation to reduce poverty and provide a safety net for those in need. In addition, they feel that the government must "invest" in our national future with programs to improve education and worker competitiveness. In the back of their minds is the belief that taxes for the wealthiest few have already been cut much too much and that it is time to pt some of those taxes back in place. If spending on the "essentials" creates pressure that helps pass those taxes, then that is a good thing.
Unfortunately, both positions are simply stupid. The ONLY justification for incurring deficits or surpluses is to meet needs for temporary economic needs for stimulus or slowdown in economic growth. Those justifiable variations are always temporary and never justify permanent changes in spending or taxation. The only way to maintain balance over time is to balance the budget every year. If there is a war, then either shift the needed funds from other programs or increase taxes. If there is a perceived need for a tax cut, then make the offsetting cuts in spending as part of the same legislation. Never cut taxes or increase spending without immediately making compensating changes on the other side of the equation.
I predict that Franco will have a thing or two to contribute on this!
Both sides love to spend. They just have different spending priorities, and right now the constituencies on both sides are doing quite well!
"For everyone to whom much is given, of him shall much be required." -- Luke 12:48
Raven - Moneybird's Black Magic Marker***
(Esprit's Power Play x Trumarc's Lean Cuisine)
Mick - Moneybird's Jumpin' Jack Flash***
(Clubmead's Road Warrior x Oakdale Whitewater Devil Dog)
Peerless - Moneybird's Sole Survivor
(Two River's Lucky Willie x Moneybird's Black Magic Marker)
Just look at those that have learned the much needed vital lessons in life and have raised themselves by pulling themselves up by thier own bootstraps.
Government is very seldom the answer!
Last edited by Franco; 04-21-2011 at 03:21 PM.
I actually wasn't trying to argue the merits of either side's "justifications". Rather, I was arguing that there are NO valid justifications for ongoing budget deficits.
If something is worth doing, it is worth reallocating spending and taxation priorities to do it. If you aren't willing to make those adjustments immediately, then the tax cut or spending program you favor is obviously not that important. Public opinion polls are pretty consistent. The majority of the public wants lower taxes for themselves even if that means higher taxes for everyone else. They want "waste and fraud" reduced, but do not want to see major cuts in major benefit programs. What a surprise. I like free lunches also.
But the politics and special interests play both sides....to our detriment, and to the detriment of my children. Pissing me off pretty good these days.....I've written/spoken to my state and federal legislators more in the last 2 years than I have in my entire life. Wish I could say it does any good...so I'll keep voting incumbents out unless their ACTIONS match their rhetoric when it comes to DEBT reduction and Deficit control.