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lil mike
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« Reply #15 on: May 09, 2011, 11:16:10 am »

What I meant by eventually is we will have to deal with it, at some point. Right now we have 3 choices, increase revenue, cut costs or a combination of both. I think we are trying to deflate the dollar which would work temporarily but in long term is not a great decision. It is like owning two cows and killing one because your hungry. Sure you get to eat but lose the ability to get more cows in the future.

These latest budget talks, made me  even more aware our bloated government will never be able to get shit done due to too much money is being thrown at D.C. These patrons have way too much money invloved to let their employees vote for any reasonable cuts because those cuts will affect someone that gives money to the representatives. The representatives argue that money is needed to run, which is illustrated by Obama's BILLION DOLLAR war chest.  The only cuts they can make are to projects which affect the middle class and poor. Those groups financially do not donate money to anyone. They are individuals but, individually are lower on the totem pole than the "individual corporations". 
If you follow the money you will realize that lobbyists run our country and too greedy to understand they are killing it. Short term gains rule over long term prosperity.

What I'm worried about is that eventually will be coming sooner rather than later.  And at that point, it will be too late.  We'll have an austerity budget to beat all austerity budget because there just won't be any money.

Then what happens to Medicare?

But, as Howey made clear, there is a large section of this country that thinks there is no fiscal crisis, and all you have to do raise taxes on the rich and the problems will be solved.  Unfortunately, the rich don't have near that kind of dough.  Nobody does.
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