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Reply #9


Response to Bill USA (Original post)

Fri Nov 16, 2012, 09:05 AM

9. I

 

don't start with Simpson\Bowles because of Simpson and Bowles. I don't trust either one period. They are both conservatives as far as I'm concern which you fail to realize. You base your logic on revenues with arguing about the amount of tax increases.

I base my position on the amount of spending cuts they are proposing because I find that side of the equation more important. Bowles and Simpson's argument are spending drives the deficit but I find the argument flawed. Over spending is bad on principle or spending at is a bad principle in the first place. Spending should be targeted as investments. Spending on Healthcare,Education and to bring down Poverty are good investments and not bad spending.

The trick is to cut wasteful spending while at the same time raising enough revenue in taxes which want hurt job growth which allow businesses to expand. President Obama is trying to walk that tightrope. I think he is going in the right direction by compromising. His problem is bringing the Left and Right to sensible solutions instead of holding steadfast in their positions. I don't accept a knee jerk reaction, that President Obama is trying to sell out his base. He needs his base to support him. He did also talk to the organizations that represent them before he made any move so I don't agree with your assertion.

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