So it’s completely arbitrary? So a person who thinks the wealthy in this country pay more than their “fair share” as it is now are just as correct as you are? Do you think it is immoral for someone who doesn’t pay any share to be determining how much someone else must give up of their own share?
Perseverance of the Saints
As for your last point: that's what democracies do. The population as a whole by vote or by choice of leaders sets policy that might only affect a portion of the population.
This is all a circus. Obama ISN"T going to cut military spending on any significant level at all. He's proposed cuts to projected spending increases. Which Romney like a tool used as an example of Obama "gutting" the military. But the fact is base line budgets for the military will still go up. 4 years of Obama has seen the biggest military budgets since WW2. It will be 4 years of the same bloated budgets no matter what. Especially with Obama and Hillary using the WMD card yesterday on Syria. And the always possible war with Iran. Mark my words more wars are coming.
"Politics is the Art of Looking for Trouble, Finding it Everywhere, Diagnosing it Incorrectly, and Applying the Wrong Remedies"
Obama retired last month.
You didn't really think he had any more game other than debt spending and taxes.
9954 always says that. In fact, he says nothing else, which is why I have him on ignore. Yet he also seems to bemoan the loss of some past America where things didn't used to be this way, which sets up sort of an odd paradox. If nothing changes, then why are things so different from how they used to be?The House is seeking to keep the tax cuts but they are so minimal it will do nothing to stimulate the economy. So as 9954 has said it is status quo and not much, if anything will change.
Now, here's a good blog post (written last year) which talks about some of the mechanics of taxes and debt from a "Research Fellow at the Research Institute of Industrial Economics" (at least, that's what his bio says).
The link: http://super-economy.blogspot.com/20...-by-15-of.htmlOriginally Posted by Tino Sanandaji
Not being an economist myself it's hard to check on the veracity of all these claims, but taken as a whole this does have the proverbial stink of truth.
One thing I think needs to be kept in perspective relative to the debt is that we are still only just coming out of a severe economic depression. That kind of downturn -- which reduces tax receipts -- combined with more than 60 or maybe even 70% of the budget already allocated to fixed costs, is always going to lead to a ballooning debt.
The upside is that as the economy improves, which everyone thinks it will, a portion of this problem will fix itself.
As well as being one of the more regulated countries in the world, our taxes on business are among the highest in the world too. Our labor costs are very high compared to many other countries as well.