The debt hawks are to economics as the creationists are to biology. Those, who do not understand Monetary Sovereignty, do not understand economics. Cutting the federal deficit is the most ignorant and damaging step the federal government could take. It ranks ahead of the Hawley-Smoot Tariff.
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Reality comes as a shock to the Tea Party:
Tea Party voters, by almost 2-1, oppose Social Security cuts
1:00 pm March 3, 2011, by Jay BookmanFrom the Wall Street Journal:
WASHINGTON— Less than a quarter of Americans support making significant cuts to Social Security or Medicare to tackle the country’s mounting deficit, according to a new Wall Street Journal/NBC News poll, illustrating the challenge facing lawmakers who want voter buy-in to alter entitlement programs.
In the poll, Americans across all age groups and ideologies said by large margins that it was “unacceptable” to make significant cuts in entitlement programs in order to reduce the federal deficit. Even tea party supporters, by a nearly 2-to-1 margin, declared significant cuts to Social Security “unacceptable.”
Isn’t it fun to march around, shouting you want less government — until you realize what you’ve been shouting? The Tea Party (and the rest of the right wing) remind me of rebellious teenagers, who don’t want any help or suggestions from their parents. But when they need money for the dance, or for some clothes or to go to college, then it’s “Mommy, Daddy, help me. Ple-e-e-ase!”
One can only hope the politicians and the public come to their senses, soon.
Rodger Malcolm Mitchell
http://www.rodgermitchell.com
No nation can tax itself into prosperity, nor grow without money growth.
Rodger, these people want to cut foreign aid and they think it is 25% of the budget (It’s less than 1%). Seriously.
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Gee, if I thought that it was 25% of the budget, I’d want to cut it, too. 🙂
But how much do they want to cut it? To 10%? 5%? Maybe we should increase our foreign aid. How many people complain about our border with Canada? Wouldn’t we benefit if Mexico were more prosperous?
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Min,
The U.S. would benefit if the world were more prosperous, a fact lost on the “small government” folks.
Rodger Malcolm Mitchell
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There is a direct line between the guy who smoked weed and drove a VW Bus in 1966 and the guy who voted for GWB and screamed “Darwin was wrong” in 2006. Both are devotees of the myth of the totally free individual, and both are the centers of their own universes. They’ve always been rebellious teenagers.
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