Corporations are able to send jobs where labor costs are lowest. We can get jobs back to America by cutting unions of at the knees and allowing our workers to earn no more than their Vietnamese, Indian and Indonesian counterparts. Those countries seem to be doing quite well, with workers earning a fraction of what ours demand, why should we insist on being "Exceptional"? Except that when our wages match the rest of the undeveloped world, how will be able to afford WalMart? Of course the wealthy shop anywhere they wish, and buy products made all over the world, so they needn't worry if local stores fail due the lack of shoppers able to pay the prices asked. And, at last, the world is unified by a common and historic division of rich...

Can we bear in mind that the current debate is not about future borrowing, but about about paying our current debt? With lower revenues, due to previous tax cuts and higher unemployment, we find ourselves faced with old debts not being paid off, forget about new ones. And shouldn't we acknowledge, while we're at it, that the government is not meant to make a profit. Profitable endeavors are assumed by the private sector and the government is left with those things a society requires that do not generate profits. It is hard to understand why we give tax breaks to huge, profitable organizations which pay out large amounts in dividends to share holders and millions in CEO salaries and benefits each year, and consider it, "The American...

Can we bear in mind that the current debate is not about future borrowing, but about about paying our current debt? With lower revenues, due to previous tax cuts and higher unemployment, we find ourselves faced with old debts not being paid off, forget about new ones. And shouldn't we acknowledge, while we're at it, that the government is not meant to make a profit. Profitable endeavors are assumed by the private sector and the government is left with those things a society requires that do not generate profits. It is hard to understand why we give tax breaks to huge, profitable organizations which pay out large amounts in dividends to share holders and millions in CEO salaries and benefits each year, and consider it, "The American...

Perhaps we could resolve this debate if the Right would explain how we get out of debt by refusing to pay our bills? I suspect that if I were to announce to those to whom I owe money that my debt had grown too large and I would no longer pay it, they might be offended and refuse to do business with me in future. Obviously, the Right feels there is a way around this and now is the time to share it! Of course it would be nice if this escape route also allowed us to keep our credit rating, so we could borrow money in case we needed it down the road. If I lose my job the bank might, I say, "might", consider my good payment history and allow me a period in which to get back on my feet and resume payments. But, most banks are unimpressed by...

"John wrote" writes."For example, he says he's not sure how many peoiple are buying what Obama is selling. The answer is available: recent polls show that almost 2/3 of Americans agree with the centrist position that reducing the deficit can and should require both spending cuts and enhanced revenue. He's not sure how many people agree because he lives inside a bubble where reality rarely intrudes." ..and if more people were able to wade through the swamp of irrationality that is Townhall and express their opinions, we would read more comments like"John Wrote". But most thinking people, as opposed to "True beleivers", are too busy reading and responding to rational discussions to waste time where logic and reason are rejected by the...

"The lamestream press" never prints the facts. They are too biased!" "The Blamestream Press" is Fair and Balanced and immediately prints suspicians as facts. They are not biased, they just have a "point of view".

I get so confused when I read TH.. "It is bad to tax those making over two-hundred and fifty thousand dollars a year as it is "unfair" to punish them for being wealthy, and besides, they spend money which drives the economy." "It is good to cut the pay for government workers because they earn too much, sometimes close to two-hundred and fifty thousand dollars..(.the President of the Nation, for example), and besides, the money they spend does nothing to benefit anyone but themselves?" "Those with money create jobs, so we should do everything to avoid taxing them!" "Those without money are parasites, because they avoid paying taxes!!" "The Billions lost during the financial meltdown were due to a lack of government...

I get so confused when I read TH.. "It is bad to tax those making over two-hundred and fifty thousand dollars a year as it is "unfair" to punish them for being wealthy, and besides, they spend money which drives the economy." "It is good to cut the pay for government workers because they earn too much, sometimes close to two-hundred and fifty thousand dollars..(.the President of the Nation, for example), and besides, the money they spend does nothing to benefit anyone but themselves?" "Those with money create jobs, so we should do everything to avoid taxing them!" "Those without money are parasites, because they avoid paying taxes!!" "The Billions lost during the financial meltdown were due to a lack of government...

Thank you. Very thoughtful and rational, as one should expect here. You of course state the obvious. But you do not answert the question, how does Sowell. or anyone, support the claim that 80% of us spend less than four hundred dollars a month on housing costs? If you consider this an "intuitive" guess, your intuition has to be supported by something...what?

Your knowledge does not go very far. Try reading, and listening to, other sources and you may learn of some democrats who favor reduced spending. The trouble may be that they might also be supporting higher taxes in some areas, and this would dominate your thought processes and come out as not favoring reduced spending. The problem is, cuts in spending alone will not solve our problems, we also need increases in revenue. However, even the suggestion of returning rates to per-Bush levels, when everyone was doing "fine", relatively speaking, and would contribute to reducing the deficits created largely by those cuts, shakes the fragile balance of your mind and makes you unaware of reality. But thank God your caps key still works, so we...