Thank you Eric,
Additionally, I would add, there is only a finite pool of funds to go round. As a society, we seem unable to set priorities and live within our means. We want it all and we want it now, and at no cost it seems. We'll let future generations worry about that.
I have tremendous sympathy for the plight of the poor and the struggling working class. I've served on a United Way services cabinet for over seven years evaluating social programs as well as volunteering for Habitat for Humanity (in case my cred is in doubt). I just don't happen to believe wealth re-distribution and central planning is the right answer. What did Margaret Thatcher say" Socialism works great until you run out of other peoples money."
I'd like to believe that growth in the economy will raise tax receipts and mitigate all this. Unfortunately, I think we're going to be stuck in a funk for a while and the debts will pile up faster than we can manage. I just hope we find a leader who can herd the cats of our congress into making the tough decisions before its too late. There were no tough decisions in this health care bill, it was all about expanding benefits, spending money and doling out favors. My instinct is that the projections that forecasting deficit reduction will be an illusion and we'll end up with another fiscal mess. It's like some law of nature, whenever money passes through the government's hands the friction causes a tiny fraction to reach its intended purpose.
ccm911 wrote:
Nice, I guess an "original" thought was too much to ask for.
To put it in perspective that is less than 10% of this:
http://defeatthedebt.com/
Additionally, I would add, there is only a finite pool of funds to go round. As a society, we seem unable to set priorities and live within our means. We want it all and we want it now, and at no cost it seems. We'll let future generations worry about that.
I have tremendous sympathy for the plight of the poor and the struggling working class. I've served on a United Way services cabinet for over seven years evaluating social programs as well as volunteering for Habitat for Humanity (in case my cred is in doubt). I just don't happen to believe wealth re-distribution and central planning is the right answer. What did Margaret Thatcher say" Socialism works great until you run out of other peoples money."
I'd like to believe that growth in the economy will raise tax receipts and mitigate all this. Unfortunately, I think we're going to be stuck in a funk for a while and the debts will pile up faster than we can manage. I just hope we find a leader who can herd the cats of our congress into making the tough decisions before its too late. There were no tough decisions in this health care bill, it was all about expanding benefits, spending money and doling out favors. My instinct is that the projections that forecasting deficit reduction will be an illusion and we'll end up with another fiscal mess. It's like some law of nature, whenever money passes through the government's hands the friction causes a tiny fraction to reach its intended purpose.
ccm911 wrote:
Quote:Oh, you want thoughtful?
http://www.costofwar.com/
Nice, I guess an "original" thought was too much to ask for.
To put it in perspective that is less than 10% of this:
http://defeatthedebt.com/
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Chris Barone
2008 Cayman S
1986 951 Black
1986 911 Coupe
1986 951 Guards Red, what else. RIP 10/17/2009
1996 911 Coupe
Chris Barone
2008 Cayman S
1986 951 Black
1986 911 Coupe
1986 951 Guards Red, what else. RIP 10/17/2009
1996 911 Coupe