Why Is The Country Broke?

Professor’s Classroom

Subject:  Economics/Public Policy

Budget Deficit #5

In the past year there has been hours upon hours of the threat of the country going broke…surely you are aware of this by now…..Is it broke?  Then how does it happen?

Repubs and conserv Dems, which includes everyone in Washington,  say that it is the fault of entitlements and the out of control spending that the government has engaged in…..But how did our lack of cash come about?

If we listen to Repubs it is the give a ways from the entitlement programs…you know the services like Social Security, Medicare, etc….they say that these programs are eating up more and more of the revenue of the US and that it must be stopped…and of course, it is all the fault of Baby Boomers and their damn need to retire…

I have given this talk before…..I AGREE…it is all the fault of the give-a-ways….surprised?….Do not be…the give a ways I am referring to is taxes……apparently dipsticks do NOT know that taxes are the sole source of revenue for the country and every tax cut is doing NOTHING but making life worse for the people…..okay, it is a popular issue….everybody thinks that life will be magically better when tax cuts kick in…..my question now is….after 20 years or so of these magical mystery benefits…..how has it worked out?

Look at the states and their problems…..almost every problem that they face is because for a couple of decades they have given away all the state income in tax breaks and such to companies that they want to attract to the state….once again…how has that worked out?  If you want states to solve the ills of the society, then that will take money and tax cuts do NOT generate anything but votes….but yet the people still think that tax cuts and breaks and incentives will be a magic pill that will cure all the problems that come to light……it is a LIE!  And anyone that believes that is DELUSIONAL!

Everyone can relate…..without income there is NO progress or stability!  The use of stats to make the case for tax cuts is another lie…….look at reality…..poverty has risen during the years of the tax cuts….so who benefits from the cuts?  Bet it is not YOU!

2010 Anal-ocity #8

First, I would like to thank Quin of Quintessential Havoc (to visit a great site go to blogroll) for reminding me pf the anal-ocities……with listening to the utter bullsh*t coming out about health care as we all waited for the final vote….well….it is not the final vote but damn close….

Before I give the anal statement I would like to ask the Tea Partiers who were protesting at the House of Representatives……what did you accomplish when anti-gay slurs were hurdled at Barney Franks or spitting on the Congressmen as the walked by or calling a black representative the “N” word?  The “true” Tea Party should immediately come forward and put a stop to this….allowing this sh*t to continue does the real TP a dis-service….

Onto the anal statement—–during the hours running up to the health reform vote every Repub that could talk got to a mic somewhere and the comments were the same…it was bad, it was gonna break the country,and so on….and on…and on….but there was one talking point that almost all used…..

“it is rule of man, not law”  “and the law cannot be violated by man”

I do not know about you but what immediately came to my mind was…..HUH?  WTF does that mean (thanx Quin)?  I have heard some lame ass statements during this debate…..but this one takes the damn cake….

My problem is who in the GOP do I nominate this talking point to?   After much thought I decided to give it to the minority leader of the House, Rep. John Boehner.