Quote:
Originally Posted by randolph
There is no way on earth this massive deficit is going to get paid off without severe cuts to government spending and a reestablishment of an equable tax system that treats everybody fairly. We can start with the capital gains tax, make it progressive based on income.
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I would be interested to know why everyone seems to buy the line that the "massive deficit" is somehow a problem of earth-shattering importance. I do not deny that the United States carries a massive deficit; governments are expected to do so. But making it an issue with catastrophic overtones is, I believe, a red herring, used as an excuse by those whose true agenda is to slash social spending.