How the Budget Deficit Could Lead to Generational Warfare

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Is to create generational warfare! They will keep lying about it to push their social agenda.
But where does that money tree grow that the Dems want to keep raping?
Raise the wage caps for SS taxes and increase the % to 7%. Increase the Medicare tax by .5% and see what wonderful results pop out.
Obamacare did nothing to control costs which is the real problem. So the Dems had their chance and failed miserably.

Citizen of WI 9:50AM April 19, 2011

"Robert E of CA @ Apr 18, 2011 16:23:10 PM "
So we quit the wars, cut military spending to 0, end all foreign wars.. and save 800 billion dollars a year... that gets us HALF WAY to a balanced budget. And we have 0 military, 0 defense, and 0 support at that point.
You're not going to get us there with military... but the rich? In 2008 the rich earned approx 1.3 trillion, and were taxed around 30% on that. We need another 800 billion, or 61%... so we raise the taxes on the rich to 90%, plus their 10% 5state taxes they'll need to pay 1% of their wages in order to keep working... but they'll work for free, right?
Or did you have a plan to get the money from somewhere that actually has the money we need? Sorry Robert E, but the numbers, facts, and figures clearly show this is going to be more painful than cuts to the military and taxes on the rich.
Unless you think $0 for the military and 100% taxes on the rich are workable, won't affect the economy, and will keep the same revenue stream without the rich avoiding a 100% tax rate.
You're going to need to get some of that money from somewhere else; there's some cuts to be done here, but we won't make this work on liberal causes alone.

ertdfg of CO 4:57PM April 18, 2011

Trillions of dollars for Wars, Billions of dollars for Bank Bailouts and Special Interests such as Renewable Energy, Billions in increases for the Pentagon to spend in other countries, more tax cuts for the wealthy and the first thing, not the last, these Wanna Be World Rulers want to do is try to balance the budget on the backs of the poor, disabled and elderly while the cost of food and energy skyrockets.

Robert E of CA 4:23PM April 18, 2011

I'm a fan of everyone paying theri own bills. Lets do away with all these social transfer payments. They are simply means for one group to rob another.
The George Washington definition of government is best: Government is Force. Its plain, simple, and true. All of these programs ammount to little more than theft by government. Now that is armed robbery!

Mike of TX 4:22PM April 18, 2011

Given that the older generation could take on some burden now to improve the viability of the federal entitlement programs into the future, but seem h311-bent on refusing to do so, I will be thoroughly amused when the money runs out, and the younger generation -- who have been saddled with this burden by their elders -- vote to cancel federal old people welfare wholesale.

Troll Feeder of TX 4:18PM April 18, 2011