Say you’re married and then have a couple of kids. It’s nothing extravagant, it’s just life.
But when your family grows your cost of living rises. So what do you do? You don’t adjust the family budget by deciding who doesn’t get to eat. You don’t reduce spending on necessities. You don’t want to stop going to the doctor but you might have to. What you do is cut costs on luxuries and you look for ways to make more money.
The US has the lowest tax rates as well as the lowest revenue as a percent of GDP since the 1950s.
But we also have twice the population.
Cutting services is the wrong way to go. We need to increase government revenue. This would not hurt the economy (look at the history of this country for the proof). There’s a lot of money out there that is essentially just sitting around. And that money wasn’t magically created by the top 2% of the population. That wealth is generated by all 300 million of us and it needs to be used to support all 300 million of us.
2 comments:
I agree. We need more revenue. And we could generate that revenue by
(a.)having a reasonalble military budget
(b)cutting tax loopholes for businesses and the very rich
(c)recreating a manufacturing economy.
But to pursued these efforts one would have to assume that the goverment is actually run by our elected representatives.
I would suggest it is not. I would suggest the government is run by people whose business it is to further the agenda of Multi-national businesses and the Military-Industrial complex.
And that agenda is almost certainly not a vote to increase its own taxes for the betterment of the natin as a whole.
It does look that way, since few people in DC seem to be doing anything that could be considered responsible. It isn't that difficult to solve the problems we have but it does take politicians who accept the responsibility and do their jobs.
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