If it is 20 miles into the woods, it is 20 miles out of the woods. And it was the Republicans that marched us into the woods. And now they want to burn the forest down with us in it!
A major reason the deficit is continuing upward, is because of high unemployment. Corporations are doing extremely well and sitting on piles of cash. If you put Americans back to work, they will pay more taxes, and bring down the deficit. Taxes must be restored to Clinton levels and loopholes must end. It is insane for a teacher or a carpenter to pay more in taxes than General Electric. And to steal benefits from workers that have paid into the funds for decades, to bring down the deficit, so the rich don't have to pay taxes, is just plain evil. And, maybe not so ironically, by doing so, it will increase the deficit further.
The deficit must be addressed gradually. To do otherwise, without a question, will create ramifications that are hard to imagine. Information is surfacing that was withheld by the Bush administration. The economic damage done was far greater than we previously realized.
Samuelson to the contrary, supply is adapting to demand. Prices for goods and services in America remain artificially high because of manipulations that include firing workers and cutting production capacity.
By using wealth and power, that was entrenched during the Bush administration, to disseminate propaganda, lies, and fear, the Republicans have effectively co-opted American democracy and broken the capitalist system. Let us not forget that the French gave us the Statue of Liberty. And I will leave it at that.
If Wisconsin is representative of America, even moderately, the 2012 elections can't get here soon enough.
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