NightFox
Wildling
- Thread starter
- #21
Okay, eliminate all national defense spending, that’s what $720 billion a year? last year the Federal deficit was $3.1 TRILLION, you made dent, good work.Eliminate all spending on the war machine and turn the Pentagon and Langley into affordable housing.Taxes must be raised, particularly on the ultra wealthy.With what? More new currency created out of thin air, what other alternative do we have? Part of the reason we need to do that is because we’ve been ignoring the basic requirements for sustained economic growth (critical infrastructure), now the piper has shown up and wants to get paid.True, but what’s the alternative? Continue to allow our economic efficiency to deteriorate due to the degradation of the basic infrastructure that it relies on? If there were a good private enterprise solution to the problem, I’d be all for it, however I’m not seeing anything on the horizon that addresses the problem at the scale required to correct it, do you?It appears that Republicans are not “against it”, they’re just against certain aspects of what the Democrats originally proposed such as certain definitions of what “infrastructure” entails and of course increasing income taxes to fund it.This country sorely needs that infrastructure upgrade and the jobs it will provide...so of course Republicans are against it
Now it appears there might be a bi-partisan proposal on the table to actually carry out some investment in critical infrastructure, the question is, will the Democrats accept less than what they originally wanted? Something is better than nothing, right?
Nor will the Republicans balk at not paying for it and adding massive new amounts to our debt.
Pay for it?
At least borrowing for investment is a FAR better proposition than borrowing for consumption, right? It’s not like the duopoly is going to entertain any serious reduction in spending elsewhere to offset the costs, nor is either crime family going to increase taxes to the extent required to actually dent the current deficits, voters don’t like that and election cycles are short.
Now what about all those newly unemployed people that worked for or were supported by the DoD? What about all the companies involved in defense that you just put out of business, what about their employees?
Face it we’re addicted to the military-industrial complex, breaking that addiction won’t be easy, especially given that there is absolutely ZERO political will to do it and almost ZERO voter interest in doing it.
Sorry gipper, what your proposing just isn’t practical on any time horizon that makes sense, I wish it were but it isn’t.