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The big lie. Don't lose sight of it.

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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 06:14 PM
Original message
The big lie. Don't lose sight of it.
We're running deficits currently due to the tax cuts, unfunded warfare, and a financial downturn created by deregulation of the financial system. Add in more free trade agreements and you have very bad economics. Cutting domestic spending and corporate income taxes even more are false elixirs of political lies concerning this economy.
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RKP5637 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 06:16 PM
Response to Original message
1. Yep! Exactly!!! And well said!!! Short, succinct and factual!!! n/t
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WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 06:18 PM
Response to Original message
2. AKA: Money for the wealthy; dead or wounded offspring for the commons.
Edited on Sat Jul-16-11 06:18 PM by WinkyDink
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 06:20 PM
Response to Original message
3. Which is why the US Congress and the Executive branch are delaying, again, another finan. debacle
So long as we have our inefficient and ineffective tax process to assure a reliable stream of revenue AND a reliable plan by which Congress cannot barter away our country--we will be at this crossroads again and again.

Other countries have done it with balance. We can too.
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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-17-11 07:28 AM
Response to Reply #3
7. I'm not sure.
At this point, we're fast reaching a point of no return.
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patrice Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 06:20 PM
Response to Original message
4. Agreed. nt
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leveymg Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 06:28 PM
Response to Original message
5. That's the simple truth that not a single centrist politician, in either party, can or won't say.
Your simple solution would radically change the way this country is run. The current system serves the rich very well, and for them not paying their fair share of taxes is a religion.

That's why they won't talk about this.

Plus 7 trillion.
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bbgrunt Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 06:39 PM
Response to Original message
6. that really sums it up. No bargaining wizardry needs cloud the issues.
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liberalla Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-17-11 11:47 AM
Response to Original message
8. Yes, you're absolutely right and don't forget Medicare Part D
Edited on Sun Jul-17-11 11:48 AM by liberalla
The unfunded giveaway to the drug companies.

I couldn't find a chart with that included (I could swear I've seen one though)
but here's another good one that's been around lately.





Edit to add link: http://www.offthechartsblog.org/what%E2%80%99s-driving-projected-debt/
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liberalla Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-17-11 11:58 AM
Response to Reply #8
10. Okay, I'll add one more because the title is perfect
"... Legacy of Bush Policies Drive Record Deficits"




http://www.businessinsider.com/chart-of-the-day-bush-policies-deficits-2010-6?utm_source=Triggermail&utm_medium=email&utm_campaign=CS_COTD_062810 ">CHART OF THE DAY: Reminder, The Deficit You're Freaking Out About Is Bush's Fault
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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-18-11 06:26 AM
Response to Reply #10
14. Thanks for adding the graphics.
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Zorra Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-17-11 11:52 AM
Response to Original message
9. recd. I'm gonna kick this a few times so we don't lose sight of it. nt
Edited on Sun Jul-17-11 11:53 AM by Zorra
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proud patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-17-11 04:53 PM
Response to Original message
11. thank you
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RainDog Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-17-11 04:57 PM
Response to Original message
12. k&r n/t
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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-17-11 04:57 PM
Response to Original message
13. Yep... K & R !!!
:kick:
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nc4bo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-18-11 06:35 AM
Response to Original message
15. I'm too late to Rec but can add a kick! nt
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Stuart G Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-18-11 07:36 AM
Response to Reply #15
16. second that motion about the kick...
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