Cut spending!

Comments

LysanderSpooner's picture
LysanderSpooner 8 years 8 weeks ago
#1

I agree. But the careless use of language still rubs me the wrong way. A tax cut is not an expenditure that has to be payed for. It is leaving money in the owners hands, provided they didn't steal it in the first place.

Bush_Wacker's picture
Bush_Wacker 8 years 8 weeks ago
#2

Explain how you cut spending when costs continue to rise. I have to spend much more this year on the exact same amount of food I bought last year. If I continue to cut my spending to compensate for the increase in the cost of food then eventually I will starve.

At some point in time I must increase my revenue in order to keep up with the increase in food prices. I cannot succeed by only cutting my spending without eventually perishing.

AdrianMonkFan 8 years 8 weeks ago
#3

All your money goes to food? No cell phone, Ipad, internet, cable, cloths you do not need, video games?. There are many things that can be cut. Size of White House staff, pensions for former members of Congress and Presidents, Congressionoal staffers, make Congress members pay own health insurance and Amtrak.

Bush_Wacker's picture
Bush_Wacker 8 years 8 weeks ago
#4
Quote AdrianMonkFan:

All your money goes to food? No cell phone, Ipad, internet, cable, cloths you do not need, video games?. There are many things that can be cut. Size of White House staff, pensions for former members of Congress and Presidents, Congressionoal staffers, make Congress members pay own health insurance and Amtrak.

No, no, no. I was just using that as an example. Prices of everything keep rising but wages do not. The point is that spending cuts as a cure for anything in not sustainable. Eventually there is nothing left to cut. The emphasis is always on those who have the least to do with less. Nobody every wants to make the call of those with the most to give more.

If costs were to increase for everything by 5% a year a rich persons (I'm talking really rich here) income will always outpace those costs. It is sustainable. Most of the middle class don't have that luxury but the emphasis is still going to be put on them to fix all of the financial woes of this world. The cool part is how the powers that be can convince half of the people being screwed to champion their cause.

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