[quote name='KingBroly']Different times, man. After World War 2, the US was the only country up and running basically. This would be one of those 'save us from ourselves' amendments.
Well, Social Security was only going to cost $1 billion when it was created. How much does it cost us a year to run it? Just checking. What you seem to forget about tax cuts is that they promote consumer spending and promote the economy. If people aren't spending the economy is stagnant, and when the bubble bursts (Which would have happened anyway) it hits us a lot harder than it actually has now. That's something a lot of people want to revise history on. Also, whenever taxes are cut the economy gets a jolt in the arm.
But like I said before, the PROBLEM I have is this: What I'm looking at is a situation wherein taxes are going to be raised and effectively raised again because the Bush tax cuts will expire (because tax cuts aren't permanent, unlike tax hikes) which is effectively 2 tax hikes in short order. That's really bad and if it happens we're screwed the other way. Social programs kind of do need to be cut (and some already are, in case you haven't noticed) because they make up the most of the spending by the Government.
And this is all of course avoiding the issue of Obamacare, which the country can't pay for. Even with the theoretical 'no Bush tax cuts' fantasy some people want to live in, we couldn't pay for it.[/QUOTE]
Dude you're so far off and selective in your 'facts" it's laughable. Tax cuts do very little to help the economy as we've seen from the FACT of the Bush tax rates for what, 10 years now. Only one thing is truly a job creator and that's DEMAND. And you get that by putting people back to work, not cutting their taxes.
And why are you even mentioning Social Security here, it adds ZERO to the deficit and is solvent for almost 30 more years? It's an easy fix too, raise the payroll tax cap on income and it's funded 100% for just about ever.
And social programs don't need to be cut, not during a recession and bad economy when people need the help. Besides, many of those programs like unemployment, provide immediate stimulus INTO the economy because the money goes right back out. What's needed are an end to the Bush tax cuts and a reeling in on the military industrial complex spending which has tripled in size over the last decade. You repeal the Bush tax cuts and end our two major wars and this deficit problem is almost solved save a little time to get the economy going again and then it's really taken care of.
As for your mention of "Obamacare" just using that term should automatically dismiss you of being able to rationally discuss it. One of the biggest problems our country faces are spiraling, out of control healthcare costs which that attempts to address. While it definitely doesn't go far enough, repealing it or doing nothing is sure disaster for the healthcare system in this country. You reign in healthcare costs and spending on Medicare and Medicaid automatically goes way down.
if you need anymore facts, just let me know.