[quote=UCGal]We are told how concerned our politicians are about the debt and deficit.
– the fiscal “cliff”, unaltered, reduces both significantly.
So folks talking about the dire nature of the debt/deficit should be FOR the fiscal “cliff”.
If you care about your children and grandchildren, you should care about burdening them with debt. Even if it means adjusting revenues to well below Reagan levels – back to Clinton levels.
We hear how Social Security is broke… yet they cut the employee contributions by 2% to stimulate the economy. We need to stop that. How do you fix Social Security while simultaneously cutting the revenue to pay for it? Obviously the goal is to eliminate it – but no one will say so. Raise the SS deductions back to their previous levels – and raise the annual income threshold. Do the COLA fix to reduce the increase to SS each year. That’s a good start.
Folks – this is math. You can’t fix the budget with just cuts. You can’t fix the budget with just taxes. The sequestration (fiscal cliff) combines both. I say lets go over that cliff… Yes, I personally will pay more taxes and yes, I personally will see services I enjoy cut. But it’s not nearly as dire as kicking the can forever.[/quote]
Ucgal…Give it up… Most people don’t think like an enginerd geek like you do. Most people have no concept of financial discipline or understand. As long as someone gives them something, they’ll figure out a way to spend more than that.
Our politicians love to vilify rich people and anyone else. They love to get people all stirred up over political ideologies. That way they don’t have to deal with reality. They don’t have to cut entitlement programs, they don’t have to raise taxes for everyone, they don’t have to make cuts in public sectors, they don’t have made educational cuts. And everyone has their own self-interest to preserve what’s theirs. That’s the way it goes.
There will be no massive spending cuts in CA… There’s no checks and balances… It’s a free for all in the state…Call it a spending orgy….At the expense of the prosperity of people.
Look out for yourself and your family…There’s nothing else you can do….And all that thing about buy american, save american jobs? Hogwash…Utterly hogwash….It was ours to lose.