Tilted Forum Project Discussion Community - View Single Post

james t kirk · 05-18-2003, 07:45 AM

Well, as an outside observer, all i can say is this.

You have a record deficit going right now - something like 500 billion dolllars a year.

A few years ago, the us had a record surplus and was the envy of the world.

I don't know about you, but i figure myself that before i go climbing into deeper debt, i should pay off the debt i have unless my revenue goes up, which it is not.

Deficits are killers.

You have to live within your means. Common sense dictates that you should not be having tax cuts in a deficit situation. If you have a budget surplus, hey great, but when you are in the red and there is NO plan to climb out of the red, you are in trouble.

If you want a tax cut, you need to cut gov't spending to a break even level.

You can't have your cake and eat it too.

05-18-2003, 07:45 AM	#13 (permalink)
james t kirk Junkie Location: Toronto	Well, as an outside observer, all i can say is this. You have a record deficit going right now - something like 500 billion dolllars a year. A few years ago, the us had a record surplus and was the envy of the world. I don't know about you, but i figure myself that before i go climbing into deeper debt, i should pay off the debt i have unless my revenue goes up, which it is not. Deficits are killers. You have to live within your means. Common sense dictates that you should not be having tax cuts in a deficit situation. If you have a budget surplus, hey great, but when you are in the red and there is NO plan to climb out of the red, you are in trouble. If you want a tax cut, you need to cut gov't spending to a break even level. You can't have your cake and eat it too. Last edited by james t kirk; 05-18-2003 at 07:56 AM..