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Response to democrattotheend (Original post)

Tue Dec 18, 2012, 03:18 PM

16. Really wish they'd talk annual numbers, not 10 year numbers

1. Basing it on ten years lets them off the hook...spending and tax rates could change again in a year. New spending will be added, tax rates will go up or down. The math and the government's commitment to the plan, are completely unreliable

2. It's a bit of smokescreen that allows them to avoid the true severity of the problem. $2 trillion sounds like a huge number. But $2 trillion over 10 years. On average that leaves us with an $800+ billion deficit every year (more this year as it looks like we're on track for a $1.3 trillion deficit).

So is the basic proposal to add $8 trillion to the debt over the next decade rather than adding $10 trillion? Raising the top rate from 35% to 39% doesn't even make a rounding error's worth of difference on numbers like that.

It's like they are arguing about the place settings on the table, while the house is on fire.

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democrattotheend Dec 2012 OP
PoliticAverse Dec 2012 #1
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freshwest Dec 2012 #2
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grahamhgreen Dec 2012 #29
dkf Dec 2012 #34
plethoro Dec 2012 #8
JDPriestly Dec 2012 #9
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humbled_opinion Dec 2012 #11
LineReply Really wish they'd talk annual numbers, not 10 year numbers
mostlyconfused Dec 2012 #16
Redfairen Dec 2012 #19
grahamhgreen Dec 2012 #20
mostlyconfused Dec 2012 #21
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democrattotheend Dec 2012 #23
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mostlyconfused Dec 2012 #31
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