Reply to Do you think taxes will increase to pay for the nation's debt?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]At a minimum we should stop cutting taxes for billionaires.

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I am in favor of abolishing loopholes. However, that alone is insufficient.[/quote]

There needs to be a serious check on resources on mandatory spending. Cut the fraud and waste, stop wasting money on stupid programs, make hospitals more responsible for uninsured healthcare costs, etc. [/quote]

The problem people don't see is that government and healthcare (followed by education) are the top employers in our country in vast majority of states.  Our entire economy is taxpayer subsidized where we pay each other to do work for a government, or government adjacent (contract work), or industries that are partially subsidized (which profits are subsidized) by the government rule and regulations.  Our healthcare is not private industry market based anything.  There is massive fraud and corruption in every single program (from infrastructure projects, to security and safety, healthcare and child/elder care, housing development, etc).  Bloated levels of bureaucracy don't just exist in government but also in private corporations that have to abide by certain standards and follow certain rules (rules create jobs).

We are being deluded that we have some capitalist growth oriented economy, while we actually have vastly "socialized" economy, except with the open cronyism greatly enriching people with right connections and massively growing welfare dependent class.  [/quote]

So well written and accurate. Unfortunately politicians who make this argument that you are making can't get elected because the middle class has been gutted and the rent seekers (aka politicians) are incentivized to cater to the poor and rich class. The poor want more help and the rich want to leave the last cent untaxed to their generation in 2100.[/quote]

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