Quote:
Originally Posted by TracyCoxx
I'm not sure how much of the $691 Billion in defense a 'majority' means, but let's say you guys want to cut all of it. All the cuts listed above total up to $797 billion. Guess what folks, the 2010 budget has a $1.342 trillion deficit. You've eliminated the entire frickin DoD, military operations/wars, and %80 of Homeland security. You still have over $545 billion left to go, just to balance the budget.
For the past week, despite attempts to sidetrack the discussion, I've been trying to see if we can at least arrive at one thing we can agree on: It's never good practice to routinely run a deficit unless it's a national emergency.
There has been no objection to this from any side of the debate. Yet you guys have declared a budget cut victory when there's still a deficit. There's obviously no military threat to the country or you wouldn't have tossed out the DoD (certainly no lives destroyed in that move are there Enoch Root. Those 4 million people and their families will be just fine). So why do you guys think there should still be a deficit? What's the emergency?
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I am in favor of a federal government running deficits, just as the founder intended, because revenues at a given time may not meet necessary social outlays. But Tracy Coxx dissembles, as usual, what I wrote. I included raising taxes on the corporations and the wealthy. Every economist acknowledges that simply restoring the tax rate on the wealthiest Americans to what it was before the so-called "Bush tax cuts" would eliminate the current problem. I would go much, much further, to eliminate every loophole that allows corporations such as GE to pay no taxes. And eliminate the oil subsidies.
You can try to be clever with your writing, Tracy Coxx, but cleverness works best when you use what people actually say, not what you wish they had because it works to your advantage.