Gloom and Doom? - may be not!

[MasterBlaster]

Quote:

clinton had one year of a surplus and the national debt still increased every single year he was in office. ...it's not a lie, but the truth is stretched very thin

Did he inhale or not !

Strictly speaking it's true. Per the unified budget that now includes the social security trust fund they put more money away that year than they took out. And since they will be cutting SS and Medicare payments at some stage in the future you can ignore that pesky talk about unfunded liabilities.

ERD:

You have it all figured out. We going to now raise your taxes to fund some more investment.

[ERD50]

Quote:

Originally Posted by MasterBlaster ERD: You have it all figured out. We going to now raise your taxes to fund some more investment.

Just cut the 'spending' as much as you raise the 'investment' and it will be tax neutral. No tax increase needed.

Of course, I'd need to be inhaling something to believe that our politicians would actually do such a rational thing .

-ERD50

[teejayevans]

Quote:

Originally Posted by ERD50 Of course, I'd need to be inhaling something to believe that our politicians would actually do such a rational thing . -ERD50

Its not a case about being rational, the politicians are not going to mess
with a large block of voters. So they are going to have to try to do this
via the back door. ie increase taxes on SS, change how the COLA is
calculated, etc. Most of the voters aren't rational either.
TJ
p.s. Boy I hate it when I feel I have to defend politicians