sodaseller
DIS Veteran
- Joined
- Mar 11, 2004
- Messages
- 2,701
Charade said:So IOW, trickle down economics doesn't work. The alternative to tax cuts is what? The solution to paying down the national debt is what? Me thinks they are one in the same.
But there is a 3rd choice. QUIT SPENDING MONEY LIKE A SAILOR ON SHORE LEAVE!
"The alternative to tax cuts is what? " Is that Zen? Let's see, how about restoring tax rates to 2000 levels. - you know, the rates that Newt and suuply-siders predicted would choke the economy ito recession.
As for the spending line, honestly, ya'll need to escape the Conintern and actually think for a minute before you adopt an opinion
From a response to apost from two years ago that tried to make the same point (the situation is far wrose now, and none of the above addressed the demographic baby boom time bomb plus other issues the President has put off until he is out of office, like the Medicare drug benefit.
Discretionary spending in 2004, numbers which I think are not reliable, but which cannot be contested by Administration supporters, show nondefense discretionary as $439 billion, defense as $409 billion, deficit as $475. And that doesn't include "supplemental requests (like the $87 billion asked for last week - this report is from July)
So, unless you want to cut defense, you could cut all discretionary spending in the budget, every penny, and still be in deficit by $123 billion ($36 + 87 supplemental asked for last week), and that's using the traditionally cooked numbers. Krugman is looking more like Cassandra/Tiresias every day.
The truly scary thing is that in the 80s, ya'll used rhetoric like that to gain power, but then at least governed as responsible adults in most cases. Now there is no adult supervision in DC - you have a generation of ideologues that have been fed this crap and believe it, and they're running the country into the ground in the process
Ya'll are clueless