this was the 1st election i was able to vote in and i have a question..
I was explaining my thinking to a prof and it was a little like this:
Prof: on the eve of the election, give me a quick rundown of what you are thinking before you send in your ballot
ME:The problem is the gov is not taking in enough money to support these programs and whatever else it's spending on (infastrucure I assume). If we want to chip away our deficit, we need to either 'A' cut these programs down to an affordable level, or 'B' the gov needs to take in more money, which means higher taxes and additional revenue. when our defecit is down and we become profitable again, THEN taxes can go back down/ programs can recieve more funding."
or am i over simplifing it?
Originally Posted by: RajiRoar
No that is about the basics of the deficit issue. Were the separation is, how do we go about doing it.
Obama and Democrats claim to want to raise taxes (only the rich they say), and cut spending to come to a point where revenue mets spending. Where conservative/republicans want more of just Spending cuts.
I am on the side of the Conservatives. For a couple reasons. I want us all to know that what government is spending is not being wasted. If we raise taxes and cut spending, eventually spending and revenue will meet, and government will look and say. Hey we are balanced, but I don't just want to be balanced. I want to be balanced without waste. I think we need to cut, until we find the bottom amount that government needs. Once that is determined, then we can look and see, are we taxing enough or do we need to tax more, or are we already taxing too much. But then we will know, and we can set a fair tax rate for all to obtain that amount. Until then any talk about raise or lower is just guessing.
And also, no matter where a tax is applied, it impacts all of us. Whether the rich, corporations, small business or the rest of us. It impacts salaries, number of employees, benefits and prices of goods. The goal should always be the least amount of tax and spending possible by government.
I look at East coast and the impact of Sandy, and I see all the people that are giving out of their pockets. Not because they are forced to, but because they choose to. The country has an extreme amount of giving it can provide by choice. And over the years, more and more of us, have come to think that we cannot do this or that without government. I think that is selling us very short.
The world needs ditch diggers too Danny!!!