benjdm said:
No, you provided 0 examples. The 2005 budget deficit was roughly $500 billion according to
here. Look
here to see what kind of spending you have to cut to balance that budget. The entire Department of Defense budget was roughly $500 billion, entire Department of Health and Human Services was $580 billion.
It is extremely easy to cut the spending, eliminate the deficit, and run huge budget surpluses.
All we have to do is to stop being so selfish!!!!
Why do so many people want so much more from the government?
Why cant we, temporarily at least, just settle for the amount of government that we had with president Reagan? Personally, I would not miss anything if government spending went back down to the highest level of spending by Reagan.
I personally dont mind sacrificing and giving up all the new government benefits that were added since Reagan.
IF we cut spending back to Reagans highest budget, about a trillion, that would cut back spending by 1.8 trillion from bush's spending - which means that we would have
annual surpluses of 1.4 trillion dollars, enough to pay off the entire federal "on-budget" debt in less than 5 years. This would then give us an immediate savings of $360 billion dollars each year just from the interest that we would no longer have to pay.
IF everyone would just cut back to allow our government to spend as it did with the Reagan administration, our entire country would turn rightside up again.
As soon as the federal debt is totally paid off, then we would have lots of extra money for reducing or eliminating the personal income tax, or finding new energy sources, helping the poor, and/or whatever. We just dont want to continue to have 1.4 trillion dollar
surpluses forever, because then we would be getting interest instead of paying it, and it would be come 2 trillion dollar surpluses before long.
IF we returned, temporarily, to Reagans budget, we could still have NASA, foreign aid, social security, medicaid, medicare, highways, a very strong military, student loans, and everything else that we had back in 1989.
I want to hear from all those who will not want to sacrifice and who refuse to go back to the level of gov spending and services that we had in Reagans last year.
Just what of the
additional 1.8 trillion dollars in
new spending since Reagan do
you feel
you cannot live without?