Tea Party & Fiscal Prudence

From: J. Y.
Sent on: Friday, October 18, 2013 9:27 AM
Both sides in this issue are at fault in not dealing with the national debt issue.   Currently, the total annual national expenses exceed the total annual national income by about 20%.  This includes entitlement programs like Social Security, Medicare, and Medicaid, as well as Defense - each of which are about 1/5 of total expenses.  The other 1/5 is all the other Federal programs.  Therefore, if we could go to a balanced budget instantly, this means a combination of program cuts/increased taxes of 20%.
 
This means cuts will have to be made in entitlement programs such as Social Security, Medicare, Medicaid as well as defense. Alternatively, it means elimination of tax loopholes and tax increases anywhere up to 20% more than today.

Both sides refuse to acknowledge this reality.  At least some segments of the Tea Party acknowledge that govenment expenses need to be cut and I agree with them on this point. Although I disagree with their strategy to shut down the government over Obamacare, I think that this action brought the issue about government spending to the forefront - particularly the concern that Obamacare may dramatically raise medical costs.  I do not agree with the segment of the Tea Party that refuses to consider tax increases and/or elimination of tax loopholes as well as the advocacy of a social/religious agenda. 
 
 
 
-----Original Message-----
From: Norma Jeane Young <[address removed]>
To: atheists-36 <[address removed]>
Sent: Fri, Oct 18,[masked]:19 am
Subject: [atheists-36] Dysfunction ("No More.")

Jeffrey,
 
If the Tea Party people were SO concerned with "fiscal responsibility," they wouldn't have wasted $24 BILLION over the past 2 weeks & caused so much misery to people--even to the point of being willing to wreck the global economy that is struggling to recover.  They were voting as a "bloc" of corporate-religious-controlled & controlling climate-change deniers--not as individuals.  They all still voted in the final vote to default! on the nation's debt -- for the first time in history! -- in order to prevent health care coverage to millions of U. S. citizens -- AND outlaw birth control --which default would have been catastrophic to the fragile U.S. & World Economies.
 
--Norma
 


----- Forwarded Message -----
From: Elizabeth Warren <[address removed]>
To: Norma Young <[address removed]>
Sent: Wednesday, October 16,[masked]:24 PM
Subject: Dysfunction

 
Norma,

I'm glad that the government shutdown has ended, and I'm relieved that we didn't default on our debt.

But I want to be clear: I am NOT celebrating tonight.

Yes, we prevented an economic catastrophe that would have put a huge hole in our fragile economic recovery. But the reason we were in this mess in the first place is that a reckless faction in Congress took the government and the economy hostage for no good purpose and to no productive end.

According to the S&P index, the government shutdown had delivered a powerful blow to the U.S. economy. By their estimates, $24 billion has been flushed down the drain for a completely unnecessary political stunt.

$24 billion dollars. How many children could have been back in Head Start classes? How many seniors could have had a hot lunch through Meals on Wheels? How many scientists could have gotten their research funded? How many bridges could have been repaired and trains upgraded?  

The Republicans keep saying, "Leave the sequester in place and cut all those budgets." They keep trying to cut funding for the things that would help us build a future. But they are ready to flush away $24 billion on a political stunt.

So I'm relieved, but I'm also pretty angry.

We have serious problems that need to be fixed, and we have hard choices to make about taxes and spending. I hope we never see our country flush money away like this again. Not ever.

It's time for the hostage taking to end. It's time for every one of us to say, "No more."

Thank you,

Elizabeth
 
 
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