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The Austerity Thugs Want to Bankrupt America

Started by Socialist
over 14 years ago
Posts: 2261
Member since: Feb 2010
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Contrary to what the Austerity nut jobs preach, their policies would bankrupt America and increase to the deficit. Doing NOTHING is the best way to reduce the deficit. Doing nothing wouls save $7.1 trillion, way more than gutting Medicare and Social Security would ever save. http://www.washingtonpost.com/blogs/post-partisan/post/why-doing-nothing-yields-71-trillion-in-deficit-cuts/2011/11/16/gIQAsOdwRN_blog.html
Response by huntersburg
over 14 years ago
Posts: 11329
Member since: Nov 2010

Can you summarize the article?

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Response by caonima
over 14 years ago
Posts: 815
Member since: Apr 2010

cut all military action can save 1000 trillion bucks, but it won't happen in the 2-party dictatorship regime.

the jasmine democratic revolution in NYC, SF, Portland all failed

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Response by lucillebluth
over 14 years ago
Posts: 2631
Member since: May 2010

"cut all military action can save 1000 trillion bucks"

raise your if you honestly don't understand that american economic supremacy and influence are the result of american military supremacy and influence and i can try to explain this to you a little later in the day.

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Response by lucillebluth
over 14 years ago
Posts: 2631
Member since: May 2010

^raise your hand. or foot. any limb or extremity, really. no prejudice.

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Response by Riversider
over 14 years ago
Posts: 13573
Member since: Apr 2009

Deficit spending will bankrupt us? A little counter-intuitive, but Ok, guess its time to max out on the credit cards.

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Response by Riversider
over 14 years ago
Posts: 13573
Member since: Apr 2009

Meant cutting back on spending....

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Deficit spending will bankrupt us? A little counter-intuitive, but Ok, guess its time to max out on the credit cards.

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Response by Riversider
over 14 years ago
Posts: 13573
Member since: Apr 2009

To the Keynsians: If C+I+G= Gross domestic product then if "G", gets increased doesn't that force down our consumption?

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Response by NYCMatt
over 14 years ago
Posts: 7523
Member since: May 2009

I don't think that automatic tax hikes are the answer to anything.

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Response by Socialist
over 14 years ago
Posts: 2261
Member since: Feb 2010

"Meant cutting back on spending...."

Yes, it will. Because Republicans want to totally cancel out any spending cuts with massive tax cuts.

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Response by Socialist
over 14 years ago
Posts: 2261
Member since: Feb 2010

"I don't think that automatic tax hikes are the answer to anything."

Oh yes they are. They are the answer to DEFICITS. And the beauty of AUTOMATIC tax hikes is that the Republicans cannot stop them. By law, taxes go up on January 1, 2013. So set you countdown clock accordngly.

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Response by Socialist
over 14 years ago
Posts: 2261
Member since: Feb 2010

To increase revenue, I would also propose eliminating all 421a abatements, especially for condos on Riverside Blvd.

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Response by huntersburg
over 14 years ago
Posts: 11329
Member since: Nov 2010

Socialist, what is your opinion about this woman's predicament:

http://www.theatlanticwire.com/national/2011/11/struggles-near-poor-larger-expected-group/45208/#dsq-content

Seriously. I am interested in discussing with you this woman, who is a taxpayer, works hard, does the right thing but is near poverty and is not a beneficiary of any government programs.

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