Christian Democrats in the United States
Domestic Issues - Jobs and Taxes We demand a living wage for all workers in America and object to attempts to establish a flat tax because of the comparative value of one dollar to one's total capital. We insist on closing tax loopholes for the wealthiest people and corporations, and support tax incentives for corporate programs with substantial public benefit. America must find a way to increase manufacturing exports since service jobs add less to the economy in the long term. We support a shorter, smarter work-week for all Americans. Subscribe to Posts [Atom]
Sunday, February 22, 2009
11:27 AM
This is simply unacceptable. We cannot continue to borrow money indefinitely.
President Clinton was able to turn the deficit spending of the 80's in reverse, ended up with a yearly budget surplus, and started paying off our national debt. Yet his administration was still able to provide for social services, social security and defense. Was that magic? No, it was personal courage, the courage to stand up and tell people that they've got to quit screwing around or we're going to sink the ship.
Remember, the number of $500,000,000,000 is only the budget deficit, the amount that the government goes into the red each year. The total debt owed by the nation will be greater than TEN TRILLION DOLLARS by the end of Obama's first term, by the look of it. That number means around $33,000 owed by every citizen of the USA.
I didn't sign on for $33,000 in personal debt! I have enough trouble paying of my credit cards and student loans as it is!
The mentality — shared equally by Democrats and Republicans alike — will destroy our country.
Is that what it will take for you to realize we need a fundamentally new approach? Is that what it will take for you to get off your sorry butt and be courageous and speak out and vote against both parties for their traitorous financial lunacy?
we cannot continue to borrow indefinitely
Obama announced he plans to "slash" the budget deficit in half by the end of his first term, borrowing only $500+ billion per year to continue government spending.This is simply unacceptable. We cannot continue to borrow money indefinitely.
President Clinton was able to turn the deficit spending of the 80's in reverse, ended up with a yearly budget surplus, and started paying off our national debt. Yet his administration was still able to provide for social services, social security and defense. Was that magic? No, it was personal courage, the courage to stand up and tell people that they've got to quit screwing around or we're going to sink the ship.
Remember, the number of $500,000,000,000 is only the budget deficit, the amount that the government goes into the red each year. The total debt owed by the nation will be greater than TEN TRILLION DOLLARS by the end of Obama's first term, by the look of it. That number means around $33,000 owed by every citizen of the USA.
I didn't sign on for $33,000 in personal debt! I have enough trouble paying of my credit cards and student loans as it is!
The mentality — shared equally by Democrats and Republicans alike — will destroy our country.
Is that what it will take for you to realize we need a fundamentally new approach? Is that what it will take for you to get off your sorry butt and be courageous and speak out and vote against both parties for their traitorous financial lunacy?
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