View Poll Results: What is more important?

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  • A balanced budget (no growth in debt)

    53 86.89%
  • Tax cuts

    8 13.11%
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Thread: Tax cuts or balance budget

  1. #191
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    Re: Tax cuts or balance budget

    yeah.... except of course that socialistic economies perform far, far, worse....

  2. #192
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    Re: Tax cuts or balance budget

    Quote Originally Posted by ggh View Post
    At this point in time, we need more than just a balanced budget, we need to spend less than we take in as revenue in order to pay down the debt that we have accumulated.
    Ryan's 2012 Budget proposal does that also.

  3. #193
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    Re: Tax cuts or balance budget

    Quote Originally Posted by cpwill View Post
    yeah.... except of course that socialistic economies perform far, far, worse....
    Which countries are socialist?

    FOR MOST of human history it has not been possible to satisfy even the most basic human needs. Now, as a result of the labour and ingenuity of working people, the potential exists to eliminate want forever.

    The barrier to achieving this is the capitalist system itself. Based as it is on the private ownership of the productive forces (factories, offices, science and technique), capitalism creates immense inequality and deprivation when the potential exists for providing the material components of a decent life for all.

    Capitalism is driven by big business' need to make the maximum possible profits. A socialist society, by contrast, would be driven by the need to provide a decent life for all humanity, whilst protecting the environment for future generations.

  4. #194
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    Re: Tax cuts or balance budget

    Quote Originally Posted by ggh View Post
    At this point in time, we need more than just a balanced budget, we need to spend less than we take in as revenue in order to pay down the debt that we have accumulated.

    I would not mind seeing taxes raised to do this, but only if significant spending decreases were made as well.
    No what we need to do is to spend more on revenue producing opportunities, cutting spending infers job lost so cutting spending just ensures that the debt cycle continues

  5. #195
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    Re: Tax cuts or balance budget

    Quote Originally Posted by EarlzP View Post
    well... Cuba, for one. North Korea, for another.

  6. #196
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    Re: Tax cuts or balance budget

    Quote Originally Posted by EarlzP View Post
    Which countries are socialist?

    FOR MOST of human history it has not been possible to satisfy even the most basic human needs. Now, as a result of the labour and ingenuity of working people, the potential exists to eliminate want forever.

    The barrier to achieving this is the capitalist system itself. Based as it is on the private ownership of the productive forces (factories, offices, science and technique), capitalism creates immense inequality and deprivation when the potential exists for providing the material components of a decent life for all.

    Capitalism is driven by big business' need to make the maximum possible profits. A socialist society, by contrast, would be driven by the need to provide a decent life for all humanity, whilst protecting the environment for future generations.
    The natural state of a society for most of history is one of poverty, except for a few. Capitalism is the first economic practice that has made significant strides towards fixing that issue. Now capitalism isn't perfect and it does create its own problems (which need to be addressed), however, the problems that capitalism has created are by far smaller than the problems we have without the system in the first place.

  7. #197
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    Re: Tax cuts or balance budget

    Question: when was the last time we had a balanced budget with tax rates at or lower than current levels?

  8. #198
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    Re: Tax cuts or balance budget

    Quote Originally Posted by EarlzP View Post
    No what we need to do is to spend more on revenue producing opportunities, cutting spending infers job lost so cutting spending just ensures that the debt cycle continues
    Governemnt spending is a piss poor method of creating job opportunities. Cutting spending only infers jobs lost to thoise that are incapable of working on their own.

  9. #199
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    Re: Tax cuts or balance budget

    Quote Originally Posted by ggh View Post
    Governemnt spending is a piss poor method of creating job opportunities. Cutting spending only infers jobs lost to thoise that are incapable of working on their own.
    What we are seeing right now is an attempt by the right and the tea baggers to continue the transfer of wealth from the middle class and poor to the ultra wealthy, the past should be an accurate predictor of the future, the ultra rich will continue their attack on the middle class and the poor until they have drained the last drop of blood out of the American economy.

    Tax payer dollars need to be used to protect our jobs not ship them over seas to foreign economies, tax dollars incentives need to be focused on job creation not empty trickle down rhetoric

  10. #200
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    Re: Tax cuts or balance budget

    Quote Originally Posted by EarlzP View Post
    What we have to do to save our economy is to change from a capitalistic economy to a socialistic economy, at some point we have to just accept the fact that what we are
    Not at all... If we just stop trying to save the world from itself, we could eventually balance the budget.

    ricksfolly

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