Politics
Out of context: Reply #14986
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- ukit0
I think you have to look at this through the lens of the country being $14 trillion in debt. Someone is going to have to pay that $14 trillion off. I have no doubt there will eventually be cuts to Social Security, Medicare, etc since both parties are talking about it. Either it happens under Obama and we see reasonable cuts or a Republican gets elected and we see absolutely brutal cuts, complete privatization of Social Security, etc...
The question is whether the rich also do their part by paying higher tax rates - or rather, letting the temporary tax cuts expire as they were intended to.
You can really see which way the debate is tilted by the fact that both parties endorse benefit cuts, while only Democrats are willing to consider letting the tax cuts lapse, which just seems like sane policy to me even if you are a fiscal conservative.
- To whom do 'we' owe this $14T ?
Fuck them, they can't have it back ; we're more important.mikotondria3
- To whom do 'we' owe this $14T ?