Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

Tom Rinaldo

(22,913 posts)
Fri Dec 28, 2012, 10:15 AM Dec 2012

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.

31 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Congress is NOT ... 1StrongBlackMan Dec 2012 #1
Without resorting to speculation about the future; the Republican House is. Tom Rinaldo Dec 2012 #2
Tom, I want to ask you the same question I just asked RKP. Just a yes or plethoro Dec 2012 #3
No, I don't. Maybe if the debt ceiling isn't raised something could happen to S.S. checks Tom Rinaldo Dec 2012 #5
Thanks...........nft plethoro Dec 2012 #13
I think you are correct because Social Security, Medicare and Veterans Benefits are exempted Samantha Dec 2012 #21
Not ... 1StrongBlackMan Dec 2012 #6
Thanks........nft plethoro Dec 2012 #14
NO Angry Dragon Dec 2012 #18
Thanks. It's your caveat that concerns me.......nft plethoro Dec 2012 #29
The republican House is not congress ... 1StrongBlackMan Dec 2012 #4
Not to be a stickler, but Pelosi already called Chained CPI "strengthening Social Security" Tom Rinaldo Dec 2012 #10
Mind if I send this to my Congressman? obxhead Dec 2012 #7
Absolutely. n/t Tom Rinaldo Dec 2012 #11
You can't deny that we have spending problems socialindependocrat Dec 2012 #8
Sure, but humans are rarely capable of absolute efficiency. Tom Rinaldo Dec 2012 #12
Of course it is n2doc Dec 2012 #9
Actually, I think we have a deficit problem... Lefty Thinker Dec 2012 #15
This is why we need COMPLETE CAMPAIGN FINANCE REFORM! We need OUR representative Dustlawyer Dec 2012 #16
Cost of Running a Great Country Left Turn Only Dec 2012 #17
This should be it's own OP. Tom Rinaldo Dec 2012 #20
Actually, Social Security was never designed to live off Social Security taxes jmowreader Dec 2012 #24
That's exactly what I said: ProfessionalLeftist Dec 2012 #19
but to believe it is a revenue problem... mostlyconfused Dec 2012 #22
So Your Argument Is DallasNE Dec 2012 #25
No, not arguing that, just trying to have a realistic conversation mostlyconfused Dec 2012 #30
But You Are The One Making That Argument Then DallasNE Dec 2012 #31
Starting Point: Those who defend permanetly giving tax cuts to the rich can't demand austerity... Tom Rinaldo Dec 2012 #27
Of Course It Is A Revenue Problem DallasNE Dec 2012 #23
Excellent. Thanks. freshwest Dec 2012 #26
of course it's a revenue problem. that's why they keep denying it. unblock Dec 2012 #28
Latest Discussions»General Discussion»It Sure As Hell IS A Reve...