Quote:
Originally Posted by rj1
It is quite simple, if tax money coming in goes down, you decrease expense. If you require extra money (like to pay for an extended military deployment halfway across the world), you increase taxes to pay for it. Neither the Democrats nor the Republicans though have the balls to do that cause they each got castrated long ago.
My generation of youngish people do not understand how screwed the seniors and older people are making us if things continue like they are doing. Take this "tax rebate" they are giving back to us this year. It's not a rebate, it's just adding $150 billion to the national debt. Who pays that, not the seniors, when the s*** hits the fan, they'll be dead. It will be me and anyone near my age. Not only will we have to pay the $150 billion back, we will have to pay the interest. Over 20 years at an annual interest rate of 5%, that $150 billion will become $507.9 billion that I will be expected to pay back while a good number of the benefactors of this $600 check will be dead. Why the f*** do the idiots in this country elect such morons for leaders!?!
I want to make this perfectly clear to anyone over the age of 40, I am not paying your debt. If I'm going to suffer, I don't see why you shouldn't either. And if anyone is counting on Social Security or Medicare or VA in their older years, they're a f***ing idiot.
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I blame the Laffer curve. it was a big shell game to justify tax cuts. the revenue didn't come now you will be stuck with the bill yet you hear cries to increase that bill by making tax cuts permanent that would give us large deficits into my sunshine years.