View Poll Results: How much do you care about balancing the federal budget (in the medium/long term)?

Voters
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  • I am a Republican/conservative; low taxes are more important than a low deficit

    1 3.70%
  • I am a Republican/conservative; a low deficit is more important than low taxes

    10 37.04%
  • I am a Democrat/liberal; high spending is more important than a low deficit

    7 25.93%
  • I am a Democrat/liberal; a low deficit is more important than high spending

    9 33.33%
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Thread: How much do you care about balancing the US federal budget?

  1. #81
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    Re: How much do you care about balancing the US federal budget?

    Quote Originally Posted by Kandahar View Post
    And before anyone asks where the poll option is for "I'm a Republican/conservative who wants a low deficit and low taxes and low spending" (or the converse for Democrats)...the entire point of the poll is to NOT allow you to do that. You actually have to make a tough choice instead of just reciting your talking points.
    Here's the problem with this Kandahar. Something like this takes a snap shot and acts us to act outside of reality. Which is fine, but then you have some who then try to use this as a means to club you in reality.

    For example, I'll use myself.

    In a HYPOTHETICAL world where, for whatever reason, its physically absolutely impossible for spending to be cut and taxes to be lowered. In this hypotethetical world then the only thing that can be done is either have a high deficit and low taxes or vise versa. In that hypothetical world alone I would want higher taxes on EVERYONE until such a point that it levels out, and then I'd want it reduced.

    However, we don't live in that hypothetical world. The more we, as citizens, continue to allow politicians to get away without accountability and take the most reasonable, logical, and realistic method of dealing with this...reducing spending...off the table the more the problem is our faught.

    The CORRECT answer to this is...neither. If they raise taxes, but don't cut spending, vote their asses out. If they lower taxes, but don't cut spending, vote their asses out. STOP just assuming they won't do it and then basing everything off that because it does nothing but encourage that very attitude.

    In theory, I'm definitely in favor of raising taxes in the short term to get rid of a deficite...IF its combined with spending cuts. The reason I say that is because a politician is not willing to ALSO cut spending then it shows they're not serious about fixing the deficite. If they're not serious about fixing it then the notion that higher taxes is going to go to reducing it is pissing in the wind...its going to come right back around in your face. All higher taxes would mean would be the ability for higher spending, higher spending would then lead to higher deficite. And the trend continues.

    So in theory, if we had responsible politicians but lived in a world where its physically impossible to cut spending...sure, tax us a bit more till we get this under control. But we don't live in this magical fantasy world and if they don't have the conviction to cut spending there's no reason to believe that the increased taxes will lead to anything but increased spending.

    However, your question raises another interesting hypothetical to post.

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    Re: How much do you care about balancing the US federal budget?

    Quote Originally Posted by Kandahar View Post
    And before anyone asks where the poll option is for "I'm a Republican/conservative who wants a low deficit and low taxes and low spending" (or the converse for Democrats)...the entire point of the poll is to NOT allow you to do that. You actually have to make a tough choice instead of just reciting your talking points.
    I see no option I can vote for. Every option includes deficit spending. Deficit spending should be the exception, not the rule. Congress simply cannot continue spending money year after year that it doesn't have. For extraordinary circumstances? Of course it makes sense; but in ordinary times? No way. Raise taxes. Or stop spending.
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    Re: How much do you care about balancing the US federal budget?

    Reducing the budget deficit should take precedent over any conceived tax cut in the near future. Deficit spending requires borrowing, and borrowing money essentially breaks down to forfeiting a portion of future earnings for the purpose of spending now. We can not continue to borrow money and spend in excess at the detriment to future generations (for the record, this has been going on since the 80s and across party lines).
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    Re: How much do you care about balancing the US federal budget?

    I have a very easy plan to reduce the deficit we are in.

    -Bring jobs back to America so wages balance out, then roll back all Bush tax cuts.

    -cut the intelligence community in half (if not more) by getting rid of the bureaucracy in it.

    -cut down the military and stock piles, also leave all hostile countries and simply stay in our allies (Kuwait, Germany, Japan)

    -Do a more stringent look at the "entitlement" programs as it is taken advantage of a lot.

    -Make pot legal (a domino effect of savings to the tax payer there)

    -Let immigrants be here but tax them more the first few years they are (another domino effect of savings to the tax payer)

    -tax corporations for taking our jobs out of here and into ****ing Mexico and China (like Ford and Walmart does)

    -give tax breaks to foreign corporations and american ones for doing business in here (Toyota, GM)

    -Tell China to go **** themselves

    -Send North Korea and Iran a video of Obama (better yet Biden) sitting on a front porch stroking a gun and smoking a cigarette rocking back and forth in his rocking chair, all you can really see is his outline in the shadow and the glow of his cigarette. billions saved in war

    -Tell China one more time to go **** themselves

    I think that would help get rid of at least half the deficit if we did it all like that.
    "We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy." -Reagan

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    Re: How much do you care about balancing the US federal budget?

    Quote Originally Posted by Cassandra View Post
    Boy this is really exasperating. I brought up S.Sec. to explain why it is not like medicare- it can easily be made self-funding. It has provided a surplus until recently. There are lots of ideas about how to fix it- expand the payroll tax, increase the retirement age a year, reduce benefits to high earners -or some combination- take your pick. Congress needs to get on with it.
    SS is also a great investment. After adding up 22 years of monthly checks, I'm getting back 10 times more than I put in, and still growing every month...

    According to justfacts.com...

    Since 1982, Social Security has had surpluses ranging from $89 million to $190 billion per year. By law, these surpluses must be loaned to the federal government, which is obligated to pay the money back with interest. This is referred to as the "Social Security Trust Fund" and at the close of 2007 it had a balance of $2.2 trillion.

    Of course the Fed Gov $2.2 trillion obligation to SS will probably never be met. Thanks to the huge war expenditures, and massive military presence all over the rest of the world, budget deficits are here to stay.

    ricksfolly

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    Re: How much do you care about balancing the US federal budget?

    Quote Originally Posted by ricksfolly View Post
    SS is also a great investment. After adding up 22 years of monthly checks, I'm getting back 10 times more than I put in, and still growing every month...
    That's because you're getting all the money I put in and will never see...
    That's not an investment, that's welfare.

    Of course the Fed Gov $2.2 trillion obligation to SS will probably never be met. Thanks to the huge war expenditures, and massive military presence all over the rest of the world, budget deficits are here to stay.
    This is unsupportable, nonsensical partisan dreck.

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    Re: How much do you care about balancing the US federal budget?

    Quote Originally Posted by ricksfolly View Post
    SS is also a great investment. After adding up 22 years of monthly checks, I'm getting back 10 times more than I put in, and still growing every month...

    According to justfacts.com...

    Since 1982, Social Security has had surpluses ranging from $89 million to $190 billion per year. By law, these surpluses must be loaned to the federal government, which is obligated to pay the money back with interest. This is referred to as the "Social Security Trust Fund" and at the close of 2007 it had a balance of $2.2 trillion.

    Of course the Fed Gov $2.2 trillion obligation to SS will probably never be met. Thanks to the huge war expenditures, and massive military presence all over the rest of the world, budget deficits are here to stay.

    ricksfolly
    Among the many ironies found in the election are those pictures of aging Tea Party members angrily demanding tax cuts,spending cuts and a balanced budget. Apparently, they did not bother to look at the budget pie or they would know that a balanced budget will only be achieved by baby boomers, like themselves, bracing for significant amounts of self-flagellation.

    It will be interesting to see how congressional repubs handle the logical inconsistencies of their positions. I can imagine one possible positive outcome- Dems and Repubs might work together to eliminate corporate welfare and reduce or eliminate earmarks but that won't go far to reduce the deficit.

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    Re: How much do you care about balancing the US federal budget?

    Quote Originally Posted by JohnWOlin View Post
    I have a very easy plan to reduce the deficit we are in.

    -Bring jobs back to America so wages balance out, then roll back all Bush tax cuts.
    Through what mechanism do you intend to return jobs to America (I assume you're referring to outsourcing)? The government has no constitutional authority to force businesses to return jobs that have been outsourced. The best that you can hope for, and I'm on board with this, is to establish a tax based incentive for companies who keep a certain percentage of their jobs in the United States.

    As far as the Bush tax cuts go, I would agree with letting the portion that the Democrats are currently pushing to let expire do so, but for the purpose of reducing the deficit and that purpose alone.
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    Re: How much do you care about balancing the US federal budget?

    Quote Originally Posted by librep View Post
    Through what mechanism do you intend to return jobs to America (I assume you're referring to outsourcing)? The government has no constitutional authority to force businesses to return jobs that have been outsourced. The best that you can hope for, and I'm on board with this, is to establish a tax based incentive for companies who keep a certain percentage of their jobs in the United States.

    As far as the Bush tax cuts go, I would agree with letting the portion that the Democrats are currently pushing to let expire do so, but for the purpose of reducing the deficit and that purpose alone.
    Simple...offer corporate tax incentives to bring the jobs back (and continue to offer incentives to foreign manufacturers to open more plants in the US), encourage labor and corporation to renegotiate intelligent salaries (leveraging the foreign manufacturers) and tariff the hell out of every product manufactured by a US corporation outside of the US brought back into the US.

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    Re: How much do you care about balancing the US federal budget?

    Quote Originally Posted by Cassandra View Post
    Among the many ironies found in the election are those pictures of aging Tea Party members angrily demanding tax cuts,spending cuts and a balanced budget. Apparently, they did not bother to look at the budget pie or they would know that a balanced budget will only be achieved by baby boomers, like themselves, bracing for significant amounts of self-flagellation.
    Responsible adults are able to look past their own personal situation and support what's best for he common good - so there should be no issue

    It will be interesting to see how congressional repubs handle the logical inconsistencies of their positions.
    Which are...?

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