Cut taxes for the rich! Cut benefits for the poor!

[Riot]

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http://www.ourfuture.org/blog-entry/...e-have-deficit

Why We Have A Deficit
By Dave Johnson
May 14, 2012 - 12:40pm ET


Deficit theater is coming to DC tomorrow, with a well-funded "fiscal summit." The plot summary is that we have Deficit Trouble - Right Here In River City! so to fix it we need to cut Social Security and Medicare and the things democracy does for We, the People -- while cutting taxes on the rich and their corporations to make us more "business-friendly." (This musical is sometimes billed as "Simpson-Bowles" but it's the same old song.)

All of this deficit hysteria today - when just over ten years ago we had such a large a budget surplus that we were projected to pay off our entire debt in ... ten years! That's right, Ten Years Ago We Were Paying Off The Nation's Debt. But Then We Elected Obama.,

Just ten years ago this country was running huge surpluses and paying off its debt. But then we elected Obama and all hell broke loose. Oh, wait...

Between the time ten years ago when we had big surpluses and were paying off the debt and now when we are told the "Obama spending and deficit" mean we have to cut back on the things We, the People do for each other, something happened. Something changed. The things that happened, the things that changed, are being ignored in the current DC discussion about what we need to do to fix things.

Something happened. We had a surplus, and it was replaced by massive deficits. The last Bush budget year had a deficit of $1.4 trillion!

Why We Have A Deficit

What happened under Bush? We cut taxes on the rich and doubled military spending. (And started wars.) And don't forget collapsing the economy, forcing people onto unemployment and food stamps. That is why we have a deficit. We have a deficit because of tax cuts for the rich, huge military budget increases and the consequences of deregulating corporations.

Here are some questions for tomorrow's deficit theater:

How large was the country’s yearly budget deficit and total debt in the “Eisenhower/Truman” decades when the top tax rate was 90%?

Today we have an “infrastructure deficit” – the amount needed to repair our country’s roads, bridges, sewers, etc. – of somewhere upwards of $1.6 trillion. Was our infrastructure kept in good repair before the top tax rates were cut?

Concentration of wealth is long recognized as a threat to democracy, and now we are seeing a low-wage, everything-to-the-top economy with the greatest ever concentration of wealth going to a few at the top. Was the problem of wealth concentration increasing or decreasing before the top tax rates were cut?

When top rates were high people couldn’t take home vast fortunes in a single year. When it took several years to make a fortune did corporations depend on long-term or short-term thinking? Did the executives of corporations care if the infrastructure and communities their companies depended on were in good shape? Did large corporations fleece customers and exploit employees for quarterly returns as they do now?

Continued ...

[bigrun]

Originally Posted by Riot

Why We Have A Deficit

What happened under Bush? We cut taxes on the rich and doubled military spending. (And started wars.) And don't forget collapsing the economy, forcing people onto unemployment and food stamps. That is why we have a deficit. We have a deficit because of tax cuts for the rich, huge military budget increases and the consequences of deregulating corporations.

You had me here...Nuff said...

[Riot]

"All of this deficit hysteria today - when just over ten years ago we had such a large a budget surplus that we were projected to pay off our entire debt in ... ten years!

That's right, Ten Years Ago We Were Paying Off The Nation's Debt.

But Then We Elected Obama ...

Oh, wait .... "

Let's elect the hollow robot Mittens Romney, and Paul Ryan, and Grover Norquist who created his "no taxes ever" pledge when he was 12 years old (yes, the GOP signs pledge allegiance to the world financial plans of a 12-year-old boy) who have promised to go back to the very same Bush-GOP policies that got us here: slash taxes for the wealthy, increase taxes on the poor, remove all regulation that is harming the "job creators", and put social security into the hands of private investing houses.

Those policies don't matter to the wealthy that are doing this. They won't be negative affected. There is still money out there they don't have in their fists, and they want it. That's the entire point.

They don't have enough votes in America to do that. But they can get enough votes by promising the bigots, the gay haters, the anti-non-Christians, the anti-women misogynists, the crazy extremists, a place at the table and a promise to help create the theocratic world their religious and hate cults desire.

Where does that leave the 80% rest of America? They don't care.

Hey this dude I know wants a job. F.uck that son of a b.itch. Go to SS office and apply for a check.

Keep benefits for the poor! Tax the rich!! Let gubmint take care of the do nothings!! Got unprovable back pain? Get a check! Suck the working man dry by being a deceptive leech on society! It's sustainable.

Punish productive people! Reward the do nothings that make things sh.itty for those that actually need help. Allow them to have 10 kids so they can keep getting more gubmint money!! Destroy this country through white guilt and forced approval of effeminate and defeated behavior.

A society where iPads, google, and Facebook drive the market. A society of nothing. Empty vassals bullying each other so they can have equal rights. Holding people who can't make real change nor have power accountable while letting their masters get away with everything under the sun.

Yeah we're gonna agree with you on higher taxes, you stupid c.unts. Keep telling yourself that higher taxes will solve our problems.

[bigrun]

Where have i heard those rants before....Umm, Fox, Neal Boortz, Rush...all of the above..textbook crap from his leaders.. ..dipschit...

Originally Posted by bigrun

Where have i heard those rants before....Umm, Fox, Neal Boortz, Rush...all of the above..textbook crap from his leaders.. ..dipschit...

You're a bigger idiot than nascar. He couldn't help it. You can. A blatant idiot who doesn't understand basic math. You could tax the rich 100 percent of their income and we will never get out of debt.

Keep believing the left's bulls.hit/blatant disregard of simple math.

It costs more to make pennies and nickels than what they're worth and you think raising taxes with absolutely no accountability for sir spend a lot congress is going to change things?

Would you give more crack to a crackhead? Because that is basically what you're wanting.