Tuesday, July 26, 2011

Raising Taxes on Poor – the Debt Deal

Here’s how it seems to be going:  The Republicans, under Bush, cut taxes and created a huge national Debt and deficit; the current proposals -- to be enacted by Tuesday, 2 August 2011, or the government defaults on the result of GOP fiscal irresponsibility – will lower Social Security and Medicare/Medicaid.  Thus they will reduce income in real terms, and compund that reduction with an increase in medical costs for those least able to afford it, but most in need of it due to their advanced age – after, I might note, they served our nation for at least 45 years … paying into the system for the security which is now being deprived them.


Doesn’t it involve the GOVERNMENT taking money that you could otherwise use to cover your living expenses?

Is there any difference between the government taxing you more, or paying you less?  Aren’t both effectively the same?   Of course there is a difference – in the first case, those who actually have income – surplus income – pay into the system; in the second, those who have paid in for insurance and security see the government default on its lawful contractual obligation.  Thus, in order not to default on debts to those who are effectively billionaire  & trillionaire creditors (nations and OPEC monarchs who couldn’t give a damned about us – but have yet to find a way to destroy us), we are going to destroy those who built and defended this nation for over a half century.  Makes perfect sense.  Pure and natural GOP logic.

“The Most Harm to the Most People”

Starting with those least able to defend themselves. 

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