Wednesday, November 10, 2010
Deficit reduction
Not a topic Polistra finds interesting, except to bust the pork-busters...
Still, after looking at the summary of the Bowles & Simpson proposals to bring Fed budgets back into line, I like it. I like it a lot.
Simplify taxes, remove most exemptions, remove subsidies for rich people and rich industries, uncap SS tax. Covers everything that can practically be done. Should be done much faster ... phase in by 2011, not phase in by 2050 ... because you can't trust Congress with any delayed action. As with housebreaking a dog, the action must follow the command immediately or it won't happen.
This proposal should not be controversial.
Anyone who objects to this, after whining and moaning and screaming for years and years and years about deficits and debts and deficits and debts and deficits and debts, is a fucking Repooflican pansy-ass shithead.
Anyone who objects to this proposal marks himself instantly and permanently as a wild-eyed hypocrite, a Randian infantile egotist who needs to receive the whole universe every day as his Royal Birthday Gift. ALL MINE! ALL MINE! ALL MINE! ALL MINE! ¶ 2:04 PM
Still, after looking at the summary of the Bowles & Simpson proposals to bring Fed budgets back into line, I like it. I like it a lot.
Simplify taxes, remove most exemptions, remove subsidies for rich people and rich industries, uncap SS tax. Covers everything that can practically be done. Should be done much faster ... phase in by 2011, not phase in by 2050 ... because you can't trust Congress with any delayed action. As with housebreaking a dog, the action must follow the command immediately or it won't happen.
This proposal should not be controversial.
Anyone who objects to this, after whining and moaning and screaming for years and years and years about deficits and debts and deficits and debts and deficits and debts, is a fucking Repooflican pansy-ass shithead.
Anyone who objects to this proposal marks himself instantly and permanently as a wild-eyed hypocrite, a Randian infantile egotist who needs to receive the whole universe every day as his Royal Birthday Gift. ALL MINE! ALL MINE! ALL MINE! ALL MINE! ¶ 2:04 PM
