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Reply to "So while we all hoot at the convention in Tampa..."
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[quote=Anonymous]OP I am no economist. But it seems to me that during a recession is not when you cut spending to "balance the budget". What we SHOULD be doing is increasing taxes on the richest Americans, ending these ill-begotten, endless wars, and paying our unemployed citizens to improve our crumbling infrastructure. Once we start to get back on our feet, I'll be first in line for cutting the debt and spending wisely. But first we have to dig ourselves out of this hole. I know you want to blame "current policies" for, let's say, bailing out the banks or saving GM or saving the housing industry. Hey I hate corporate welfare too. But once we get our industries back on their feet, heck maybe even profitable again (oh wait, did the administration already accomplish that?) THEN we can discuss austerity. This is not the time to enforce austerity on the lowest classes of society who are already living pretty darn austerely. PS If we get rid of the tax deductions for dancing horses, I think we could easily fund these pointless, endless wars indefiniately. How about we go after Iran while we're at it? In for a dime, in for a dollar! Plus war is good for (certain) American industries. Just ask Dick Cheney. [/quote]
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