Off-Topic: "Earmarks" and "No Borrowing Rights"
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Name:   water_watcher The author of this post is registered as a member - Email Member
Subject:   "Earmarks" and "No Borrowing Rights"
Date:   4/5/2011 1:33:41 PM

If they don't cut spending and we claim higher taxes are for deficit reduction, all that will happen is we keep borrowing more than is being paid to reduce the deficit.

This is typical government logic, like creating a government job helps the economy just like creating a private sector job. Nope, that is a drain on the economy.

We need massive cuts and limits on entitilements. It is a spending problem. If we cut spending agressively and after 3 years we still need more revenue, then have a tax discussion - but a new approach to taxes like a flat tax or the fair tax. Which by the way allows a big dent in the federal budget by significantly reducing the IRS by getting rid of the complex tax structure.
Other messages in this thread:View Entire Thread
Slow Down or Self Destruct - lotowner - 4/5/2011 8:31:54 AM
     Slow Down or Self Destruct - Talullahhound - 4/5/2011 9:23:59 AM
          Slow Down or Self Destruct - MAJ USA RET - 4/5/2011 9:37:20 AM
               Slow Down or Self Destruct - Talullahhound - 4/5/2011 9:45:20 AM
                    Slow Down or Self Destruct - MAJ USA RET - 4/5/2011 9:56:48 AM
                         Slow Down or Self Destruct - Talullahhound - 4/5/2011 10:30:45 AM
                              Slow Down or Self Destruct - MAJ USA RET - 4/5/2011 12:00:23 PM
                                   You are wasting your time - MartiniMan - 4/5/2011 12:10:16 PM
                                        You are wasting your time - MAJ USA RET - 4/5/2011 12:15:20 PM
                                             You are wasting your time - MartiniMan - 4/5/2011 12:27:53 PM
                                                  You are wasting your time - Talullahhound - 4/5/2011 1:02:48 PM
                                                       "Earmarks" and "No Borrowing Rights" - lamont - 4/5/2011 1:10:10 PM
                                                            "Earmarks" and "No Borrowing Rights" - water_watcher - 4/5/2011 1:33:41 PM
                                                                 "Earmarks" and "No Borrowing Rights" - Talullahhound - 4/5/2011 2:20:02 PM
                                                                      But, But, But..... - lamont - 4/5/2011 2:26:22 PM
                                                       You are wasting your time - MartiniMan - 4/5/2011 1:52:32 PM
                              Slow Down or Self Destruct - Barneget - 4/5/2011 12:01:54 PM
          hound - water_watcher - 4/5/2011 1:25:12 PM


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