Reply to Why is the media not talking about the massive U.S. government debt?

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[quote=Anonymous]Good grief. Wailing about the national debt has gone on as long as I've been an adult, which is more than 50 years. I went back to college in the 80s and had a stats professor who one day went on a tirade about Reagan's contribution to the deficit.

Yes, it's high. It was higher in 1946. Tax cuts are not the solution. Wild attacks on government functions will make it worse, because you don't achieve efficiency by taking a chainsaw to everything that annoys you. For example: FDA cuts mean fewer people to manage drug and medical device approval or to enforce laws against misrepresentation of drugs and devices (e.g. the deceptive marketing of antipsychotics that had significant health effects on Americans and added major costs to state Medicaid programs, leading to lawsuits to recover those costs). That's the opposite of efficiency. Firing people illegally and then being forced to rehire them with back pay while also having to recoup the damage done to derailed projects. Forcing people (like the SSA poster who described the impossible work conditions in another thread) back to the office where they can't do their work efficiently and get the damn job done.

Deficit issues require thoughtful long-term solutions, not corporate raider tactics. Not unless your plan is to destroy the company. [/quote]

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