Quote:
Originally Posted by dyna mo
moreover, one can add up every single line item on the budget and they all add up to ~10% of the budget
cut every *stupid* program you and robbie agree is stupid and you still have >90% of the bills left.
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Well, the 2010 budget was 3.46 TRILLION dollars.
So if we cut that 10% we would save 346 BILLION dollars (I think, my head can't even wrap around this many zeros in a number).
I'd say that 346 billion dollars is a damn good start. Especially since Obama himself is wanting to raise taxes that would bring in an additional 989 Billion over TEN YEARS.
So the tax increase would only bring in 98.9 billion a year. While cutting that 10% would save 346 billion a year.
It's a no-brainer when you use common sense.
But here's the real problem. Even if you COMBINED the two. And saved 346 billion and taxed an extra 98.9 billion that's still "only" about 445 billion dollars a year difference.
Guess what? In 2010 the federal govt. spent that 3.46 TRILLION dollars. But we only had revenues of 2.18 trillion. So they spent 1.28 TRILLION dollars more than they brought in!
So even if we did all of that we would still continue going down in debt.
They are going to have to STOP spending. It's just that simple.
Everybody can say what they will about Social Security and the military and medicare...but guess what? If we go bankrupt...NONE of that will be getting paid out.
I don't see how you or anyone else can defend this type of spending by our govt. Especially when they don't even EARN the damn money. It's OURS. We work for it and they steal it.