Sunday, October 20, 2013

The Budget Issue is Just So Simple

Amidst all the sound and fury in Washington, and talk of a bargain between Republicans and Democrats on the budget, I think we keep losing sight of the fact that there is a fundamental issue that's just not going to be solved through negotiations:

  1. Democrats will not agree to any more spending cuts unless they're paired with revenue increases.
  2. Republicans will not agree to any revenue increase, under any circumstances
So we can criticize the politicians for "kicking the can down the road", but really, what else can they do?  There's no changing these fundamental positions.  There's just no deal to be had!

These are honest positions held by the parties, not cynical lies.  The only way the budget is going to get back on a normal footing is if one side wins and election handily and puts in their program.  This already happened in California- the state was stuck in budget gridlock and seemingly endless disaster, until Democrats took full control recently, put in their plan of spending cuts and tax increases, and balanced the budget. 

I know we all like the fantasy that divided government and "reaching across the aisle" is good for the country.  And maybe it used to be.  But not any more.

3 comments:

  1. Foreign Policy:
    The U.S. reputation world wide has been significantly diminished in recent years. Our friends no longer count on us, no longer trust us and our adversaries don’t fear us.

    Domestic Policy:
    If helping the rich get super rich was the goal of the Obama Administration they have succeeded. The problem is, that is the opposite outcome Democrats wished for.
    Unemployment, Deficit Spending, Borrowing and Debt are the result of Liberal Policies.
    Add the disastrous Obamacare unveiling and you have a Democrats worst nightmare.

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  2. The War on Poverty is the unofficial name for legislation first introduced by United States President Lyndon B. Johnson during his State of the Union address on January 8, 1964. In November 2012 the U.S. Census Bureau said more than 16% of the population lived in poverty in the United States, including almost 20% of American children, up from 14.3% (approximately 43.6 million) in 2009 and to its highest level since 1993. In 2008, 13.2% (39.8 million) Americans lived in poverty. California has a poverty rate of 23.5%, the highest of any state in the country.
    Fifteen Trillion dollars: That’s how much American taxpayers spent in the name of helping the poor since 1964. And what do we have to show for it? A poverty rate that has barely budged, an entrenched bureaucracy, and a population like that of Greece and Portugal, two welfare states increasingly dependent on government handouts.
    The War was launched by President Johnson in 1964, it is by all accounts a failure. In 2012, the official poverty rate was 16 percent, almost as high (19%) as when the War on Poverty was declared. The War on Poverty represented the crowning triumph of the liberal vision of society and of government programs as the solution to social problems. The disastrous consequences that followed have made the word “liberal” so much of a political liability that today even candidates with long left-wing track records have evaded or denied that designation. In the liberal vision, slums bred crime. But brand-new government housing projects almost immediately became new centers of crime and quickly degenerated into new slums.

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  3. US stocks close mostly higher, with Dow notching another record finish.

    Do the poor folks you want to help buy Stocks? is making rich investors richer helping to wipe out poverty?
    In a way that you hate to admit, it does.
    Much of that Capitalist wealth buys stuff like TV's, Cars, Houses, Travel, Restaurants.
    Businesses hire waiters, carpenters, plumbers, landscapers, painters, taxi drivers and car salesmen that were unemployed.
    That's the opposite of a double dip.
    Governments spends less on the unemployed and the former unemployed are now PAYING TAXES.
    Funny how you cannot get your brain wrapped around that very simple fact. It annoys you doesn't it?
    You were probably taught that poor people are the ones who open businesses, buy cars and homes and hire people.I feel bad for Liberals. The guilt they carry around with them day and night has them doing all kinds of stupid things that never work.
    Well, at least it "feels good" to think your helping even though you're not.

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