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.
