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Working people, the elderly and middle class should not make any sacrifices to balance the budget.

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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-27-11 05:09 PM
Original message
Working people, the elderly and middle class should not make any sacrifices to balance the budget.
Edited on Mon Jun-27-11 05:14 PM by Better Believe It

So stop the bull shit about "shared sacrifices" preached by Republican and Democratic politicians.

We did not create this economic crisis and deficit.

Unlike Wall Street and corporate America, we have not profited from this crisis.

If the ruling rich want to cut the deficit let them end their wars and pay a fair share of taxes! No more tax evasion!
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-27-11 05:13 PM
Response to Original message
1. These groups did not create the crisis
And should not be penalized for it.

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PassingFair Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-27-11 05:25 PM
Response to Original message
2. "Let's all step down one rung."
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Cleita Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-27-11 05:34 PM
Response to Original message
3. We should start regarding that phrase, "shared sacrifice",
like a dirty word and frame it in sentences just like the RW frames the words "liberal" and "socialism", with the same scorn and disdain. Then we need to repeat it over and over again like it is the worst reference in the world like they do to us until they get it. Maybe to take a page from Rush Limbaugh's language, we could say. The tax evading billionaires want "shared sacrifice" as long as it isn't from them.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-27-11 05:37 PM
Response to Original message
4. These groups have been sacrificing for over ten years now
and are tapped out.

It's time for the plutocracy to start ponying up to fix the mess they created.
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jwirr Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-27-11 05:50 PM
Response to Original message
5. Add the disabled to that list.
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 08:20 AM
Response to Reply #5
14. Yes they should.
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John Paul Jones Donating Member (126 posts) Send PM | Profile | Ignore Mon Jun-27-11 06:02 PM
Response to Original message
6. As usual, working people, specifically the middle-class, will take the hit.
They are a demographic that is just too large enough to ignore.
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TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-27-11 06:51 PM
Response to Reply #6
10. Seeing that the top 400 have more than the bottom 150 million, I think the top 20% can handle it.
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John Paul Jones Donating Member (126 posts) Send PM | Profile | Ignore Mon Jun-27-11 06:59 PM
Response to Reply #10
11. Actually, the top 400 only constitute 0.0000003% and they can handle it.
If only there were more of them.
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TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-27-11 08:32 PM
Response to Reply #11
12. I know. I'm saying if the top 400 have more wealth than the bottom 150 million
then the top 20% can handle the burden with no problem since they have something in excess of 80% of the resources.

Their numbers are immaterial, they have many times their need while the bottom 40% make due with 5% or less of the pie.
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-27-11 09:54 PM
Response to Reply #12
13. Tax the rich! End government handouts to Wall Street and billionaires!

Or "Kick the rich off the gravy train" or "no more free rides for the wealthy"

"The rich should pay, no more free ride"

How's that for campaign slogans?

I'm sure other DU'ers can come up with better ones.

This would be a good message from the Democratic Party leadership.

What are the chances?
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-27-11 06:18 PM
Response to Original message
7. When the rich tax evaders start paying taxes and making economic sacrifices just let me know.

We are the victims of their crisis.

The rich are profiting from it.
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theophilus Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-27-11 06:45 PM
Response to Original message
8. I think those folks have already been suffering. The megarich are better off.
Sock it to 'em. We'll let you know when the account is balanced.
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Autumn Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-27-11 06:47 PM
Response to Original message
9. Excellent post
K/R:kick: :kick: :kick:
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Obamanaut Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 08:31 AM
Response to Original message
15. Writing a budget that is reasonable, and then adhering to that budget,
would do wonders.

That works well at our house.
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 12:20 PM
Response to Reply #15
16. A federal government budget doesn't work anything like a personal family budget.

That's a false analogy that Republicans and conservative Democratic politicians try to sell.

Unless your household can print money .... legally and sell bonds with guaranteed interest.
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Obamanaut Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 03:53 PM
Response to Reply #16
18. Well, gee, thank you! Now, I'll go talk to the missus about raisin' our
Edited on Tue Jun-28-11 04:07 PM by Obamanaut
debt ceiling and we can spend money we don't have. Or borrow more from our Chinese neighbor family down the road.

Here's a thread you http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1379531 might enjoy that gets into why the federal budget is so screwed up->
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 04:33 PM
Response to Reply #18
19. Your family budget can't and doesn't operate like a government budget with a "debt ceiling".
Edited on Tue Jun-28-11 04:39 PM by Better Believe It
You can't print money to cover your "debts".

You can't sell investment grade bonds to private investors/governments/financial institutions and guarantee interest payments.

Borrowing money from a friend, relative or Chinese family living down the street is not the same as selling Treasury securities to financial institutions and governments.

You can't spend money you don't have.

The government can and does all the time.

The government can operate at a deficit for most years and decades because it can print money and finance debt with bond sales.

You can't.

And you can't raise your bogus "debt ceiling" unless you have rich friends who are willing to loan you a ton of money without any guarantee of being paid back.

Once again you are not a government.

Trust me on this .... you really aren't a government.

You're a person.

And I know exactly why the government has a budget deficit.

Your family may be short of funds but that would be for entirely different reasons.

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Obamanaut Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 04:44 PM
Response to Reply #19
23. No shit, Sherlock! There is a difference! I can and do have a certain
Edited on Tue Jun-28-11 04:48 PM by Obamanaut
income and live within it, and don't print extra when I need motorcycle tires.

Maybe, just maybe, that is the problem - the nitwits who write the federal budget don't give a rat's ass about trying to be fiscally responsible. "Hey Vern. Print me up a couple billion, will ya."

That is so fucked! And it doesn't seem to bother people. Well, some people.
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Zebedeo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 04:44 PM
Response to Reply #16
22. Printing money to make up a deficit
doesn't work. See http://articles.cnn.com/2009-01-16/world/zimbawe.currency_1_zimbabwe-dollar-south-african-rand-dollar-note?_s=PM:WORLD">Zimbabwe. And families can "sell bonds" with guaranteed interest. It's called borrowing money. Most families do it.

Balanced budgets are just common sense.
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LiberalAndProud Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 12:21 PM
Response to Original message
17. We already are, whether we should or not.
It's past time to spread the sacrifice around to the upper crust.
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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 04:35 PM
Response to Original message
20. + 1,000,000,000... What You Said !!! - HUGE K & R !!!
:applause::applause::applause:

:patriot:

:hi:

:kick:
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MadHound Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-11 04:37 PM
Response to Original message
21. Like we're going to have a say in this,
Our so called leaders are going to do what their corporate masters tell them, and if we don't like it, well, who ya gonna vote for, Michelle Bachmann:rofl:

That is exactly the attitude of the Democratic leadership these days.
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