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Showing Original Post only (View all)It Sure As Hell IS A Revenue Problem [View all]
When Congress talks about taking money away from the elderly and the sick and the disabled; when Congress talks about cutting essential services for the impoverished and the working poor; when Congress debates whether it can afford to pay for the losses from Hurricane Sandy: THAT IS A REVENUE PROBLEM - not a "spending problem. If we have a spending problem it is that we aren't spending enough, not nearly enough, on upgrading this nation's infra structure to remain economically competitive in the global economy, and THAT is a revenue problem.
Why do we have a revenue problem? Because corporate lobbyists write our tax codes and billionaires buy a Congressional team to play ball with them the way George Steinbrenner bought free agents for the Yankees. The rich have done fabulously well in America since Ronald Reagan became President, the rest of us of fared poorly.
Every last dollar that the wealthy manage to permanently keep from George W. Bush's temporary tax cuts is clawed from the flesh of those who must struggle to survive while the rich still thrive. There is no such thing as "austerity" for the top 2% in America - at worse they might face some pangs of delayed gratification, or be forced to get by with only owning one or two very comfortable homes.
Social Security was adequately funded, the surplus was dispersed as tax breaks for those who never needed them. The American people want Social security protected, not "strengthened" by shaving back benefits and pretending that less equals more. We know where the revenues we paid for went. The Democratic Party can't pretend not to know also, and it will pay a price if it tries to. If the elites that the Republican Party works for want to maintain the stable social fabric that provides for them so well, now is the time for them to reign in their attack dogs.