The greed is government greed, they just want more and more money to spend. Taxing the rich a little more won't hurt them but it won't help America, we need to spend less not tax more.
Totally agree, but there's two sides to this equation. We need new sources of revenue and spending cuts at the same time.
Totally agree, but there's two sides to this equation. We need new sources of revenue and spending cuts at the same time.
This whole "fiscal cliff" thing, IMO, is really about one thing. GREED. The same people who are pushing to raise the debt ceiling are the same ones who don't want to pay a little more, and being such an elite small sliver, are probably the same ones who have been benefitting from these overexpenditures. If you are one of the small sliver of wealthiest at the top, you make obscene amounts of money. You live vastly beyond comfortably, and anything you want, you can easily afford ten thousandfold. So what's REALLY going on?
No, we do not. Government consumes far too much of the nation's wealth as it is. Allowing government to consume even more of our wealth (which is what you clearly mean by “We need new sources of revenue”) is the exact opposite of a solution to our current fiscal problems. It will only make things worse.
The only genuine solution has to begin with cutting government spending to a level below its current revenues. We need government to “live within its means”, just as you and I must.
to put 'tax hikes on the rich' into perspective, and see it's not 'taking more' that is going to resolve the issues.....
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What we really need to do is stop spending more than we bring in. Common sense, I know, but something entirely foreign to the government.
This whole "fiscal cliff" thing, IMO, is really about one thing. GREED. The same people who are pushing to raise the debt ceiling are the same ones who don't want to pay a little more, and being such an elite small sliver, are probably the same ones who have been benefitting from these overexpenditures. If you are one of the small sliver of wealthiest at the top, you make obscene amounts of money. You live vastly beyond comfortably, and anything you want, you can easily afford ten thousandfold. So what's REALLY going on?
It doesn't hurt, we just need to combine it with other things.
Giving people who have a serious spending problem more money when they haven't made any actual serious cuts is a horrible idea. What is reasonable is that they make drastic cuts and if that doesn't pay off the debt then ask for more money.Totally agree, but there's two sides to this equation. We need new sources of revenue and spending cuts at the same time.
There's nothing wrong with some debt, its actually helpful to the economy for the government to be in a constant state of borrowing money. They just can't go too far as they have now.
Oh BS. Our government, across all levels, has run unconstrained for a long long time, it has never seriously limited itself to it's purpose or intent or to act responsibly with our money, and the majority of our citizens are either too lazy or too stupid to hold them accountable and force them to be fiscally responsible.
What have we heard over and over from the president? A 'balanced approach'... and what is the latest deal? 1 dollar in 'cuts' for every 41 in NEW spending. Sorry, but the MATH doesn't work.
It would be nice if people quit being so selfish and greedy and thought about future generations.
It doesn't hurt, we just need to combine it with other things.
Yes I agree we need serious cuts, and we need better governance over the money the government does have, but I think new revenue is also as must as well.
Nobody seriously wants to cut government down to the level where no new revenue would be required to reduce the deficit, not even Republicans, so lets stop pretending that's a feasible outcome or a real solution.
When the requested 'new revenue' is going to new spending, and there are no REAL cuts in spending, no real working to get things balanced, screw every single one of them in DC, they don't need a dime more until they can come up with REAL cuts, and put them into action. We've been lied to about cuts in the past that never materialized. Make real cuts first, put them in place to show they are serious about fixing things, then we can talk about new revenues.
Hell, if they just cut there spending and worked on reducing their intrusion into the free market, they'd get a revenue increase because there's a good chance millions and millions of people that are out of work might get back into the workforce as things improve.
I totally agree we need spending cuts, and that the folks in DC aren't doing enough of that at all. But you may be in for a rude surprise, a huge amount of jobs are dependent on government spending
You would have to cut it by about a third and that's just to break even today, and depending on how you would change social security or medicare they would have to be cut again in the future to not go over cost.
What would you cut to get us below our current revenue levels?
Although your question wasn't directed at me I'll answer anyway.
Military spending. In absolute terms we spend more on our military than than anyone else - 711 billion in 2012. That's actually more than twice what the #2 through 5 countries combines and about 41% of military spending worldwide. In terms of percentage o GDP we're #2 at 4.7% - the Saudi's are #1. We don't need nor can we afford such a huge military.
(stats courtesy of wikipedia)
everyone needs to pay more, and we need to do a lot less on the global scale and a lot more on the local scale. put simply, the Bush model did not work long term.
sorry.. "everyone paying more" is not on the table.. it never was.
if you are successful, well, I guess you get to join us in helping out ....if not, just ignore the problems, they are none of your concern.
sorry.. "everyone paying more" is not on the table.. it never was.
if you are successful, well, I guess you get to join us in helping out ....if not, just ignore the problems, they are none of your concern.