Join The Debate!

Ron, Lolo

It's great to look on the positive side, but let's not be blind. Lolo, I appreciate that you are more prosperous today then 15 years ago - that would be expected based on greater experience, no?

However, despite your improved individual financial standing, this is not the United States of Lolo, it's a country of 300 million and those who lead have to choose to serve the interests of the few or the many, and answer for their choices.

I researched economics and here's what I found. Your math is "fuzzy". No matter what you say, if you don't address the deficit, you are financially debilitating our children. No two ways about it, period.


Moreover, a job-creation tax incentive would be a one-step path to craeting jobs, twice as efficient as your two-step suggestion we cut taxes across the board and then HOPE employers translate that into jobs as opposed to pocketing the cash, or as we have seen happen in real-reality as opposed to fake-reality, shipping the jobs overseas.

This is what has happened before our eyes, your theories notwithstanding. More profit has stayed at home, but it's gone to the top 1% of earners and the "jobs" you speak of exist in quantity, not quality. Let's look more in depth:

The former #1 employer GM, whose wages and benefits were the pride of America has been replaced. Wal-Mart is now the exemplar of American corporate employers, paying LITERALLY minimum wage to thousands across the country, with 40% of it's work force uninsured and systematically leeching off state and local social services, killing ma and pa hometown apple pie USA Main Street American busines from coast to coast. Meanwhile China is building the VCRs and TVs they sell.

If we had a one-step, benchmarked incentive for companies to create jobs, it is simple, direct and honest. I don't buy the Straussian theories meant to fool the middle class into supporting their wealthy masters. I'm also doing better today then I was when I was 25, but I still support my fellow Americans, the average working families that make the country great. If the aim is to create jobs, don't be misled, tax cuts should be given ONLY to those who create jobs. The wealthiest 1%, greatly outnumbered have devised an indirect two-step plan to create jobs which has them serving as a "filter" for public money, but not only do they keep a good precentage of the money, they farm the jobs out to India and Indo-China to make more profit and DEPRESS AMERICAN WAGES!

President Bush is on track to have the worst job creation record of any modern president.

Also, please back up your claim the deficit is related to a Dem president chopping the military budget. I need to learn the mechanics of how you think closing bases added to the deficit. Please be sure to acknowledge whether increases in military spending by the GOP president of the last 6-7 years has reduced or increased the deficit.

The government is absolutely, positively NOT bringing in the most ever revenue now. They are only telling you this while they separate the national deficit, annual budget deficit and trade deficit. It is a trick that should work and could work only on a childlike mind without a crucial and critical understanding of basic accounting.

You MUST add the money coming in to the debt being accrued. Our "greatest ever" income MINUS our debt is what we are really making. The NET amount is all that truly matters in financial dealings.

I care too much about the next generation of Americans not to stop you from repeating this talking point to fools who only look at the "incoming" money column. Would you do this with your business? With your household finances?

Again, neither Clinton nor Newt reduced the deficit, they just slowed it's growth. It never went down, it just leveled off between $4-6 trillion. I would suggest that reversing it's growth was a fantastic achievement and I give Newt great credit for doing so, as part of a balanced budget promise which I fully applaud!!!!!

Unfortunately, the balanced budget idea was crapped all over by the current administration, - - outspending Clinton on his worst day - selling our children into financial hardship while telling us the economy is booming. Our children will enjoy this illusion only until China, Japan, the Saudis, and others call their debt, an amount we have absolutely no hope of paying back with public funds.

I join you in opposing pork, let's fight hard against any politicians who try to legislate pet projects, an immoral way to represent the greater American good.

Personal debt increased 60% under Clinton, and even worse under Bush it's climbed even higher, with the entire country literally going into the red, totalling over a 180% increase to the present. Perhaps the best indicator of the US economy is the median household income. How much is the average American making today? According to the most 2002 Census data, median household income dropped significantly for the second year in a row, poverty increased for the second year in a row, the number of people without health insurance continued to climb, health costs skyrocketed, and today, the average student loan, now privatized, increased $2,000 per student.

Bush inherited four years in a row of balanced budgets, cut taxes for the wealthy, and made the greatest annual surplus in history into the greatest deficit in history, skyrocketing the overall deficit to 10 trillion.

Now, without blaming Clinton, or anyone else, what is your plan to wipe out the deficit before you die and leave it to the next generation of Americans like a 10 trillion ton loadstone around their necks? Or will you just live on in la-la land?