Its amazing how many of you are "trapped" by right wing talking points... Cutting taxes, cutting spending, smaller goverment, blah blah blah....
For the last 31 years since Ronald Reagan (the first to exceed the trillion dollar level, and in fact left 3.7 trillion in debt when he left office) this country has LOST revenue each year despite the claims by the republicans.
We wouldnt be in this mess if we as a nation hadnt shipped 15.5 million jobs out of this country. For every job that leaves this country, valuable dollars in taxes go along with it.
Reagan cut taxes for the top 1% of earners 25% and ran a deficit every year he was in office. Reagan took unemployment to 10.7% by the end of his second year. Reagan spent 3 dollars for every 1 dollar taken in by the federal goverment. Corporations began their exodus from this country during this 8 year period. Reagan RAISED taxes on the middle class in 7 areas in the last 4 years of his term to try and curb his running deficits.
Bush 1 insisted "no new taxes on the rich" and added another 2 trillion to Reagans mess. Bush 1 was FORCED to raise taxes in order to keep the goverment from going broke. When he left after 4 years and running the country into the ground, he left almost 5 trillion in debt for Clinton.
Clinton came in and RAISED taxes on the top 1%, created jobs here in the states, took unemployment down, balanced the budget with deep cuts, and put this country on solid footing for 8 years.
Bush2 comes into the white house and CUTS taxes on the top 1% of earners 25% again, takes unemployment to 7%, leaves a 10.7 trillion dollar debt, leaves 2 wars ongoing and unpaid, passes a drug prescription bill costing a half trillion that went unpaid, corporations leave the united states at a rate higher than at any time in history, creates a housing crisis, creates a financial crisis and places the USA in the biggest recession since the great depression along with the cooperation of the republican held congress and senate and destroys 8 years of good times.
Now the republicans want to convince americans that "they" have the right answers to our problems as a country?
They are the problem, not the solution.
We can all agree that taxes are high, but this country needs revenue to operate. You want the latest fighter jets? that costs money. You want the latest baval ships? that costs money. You want space shuttles? that costs money. You want nuclear weapons? that costs money. You want nice roads? that costs money. etc etc etc.....the list goes on and on.
You want to balance the budget? Ok, lets cut what we DONT need.
I suggest we shut down NASA. We dont need to go to the moon or mars. We can resume this when the country is in better shape. I suggest we cut the enormous defense spending on future projects. We have enough aircraft, missiles, bombs, bullets, ships, tanks and such to destroy the planet 10 times over. I suggest we end all subsidies for oil companies, as they are making billions of dollars in profits and dont need the goverments assistance. I suggest we end all foreign aid to countries that are the richest in the world like Saudi Arabia, Qatar, Bahrain, Kuwait and such. I suggest we CUT the salaries of the congress, senate and their staffs in HALF. I suggest we end the funding of presidential political campaigns.
With these cuts and raising of taxes, we could balance the budget for years to come.
But, the republicans will never go for it. They look out for the rich and convince the poor to support it through the use of talking points.
Its amazing how many people will hurt themselves to support a political party that does not have their best interest at heart.
Peace.