Originally posted by Mace2004
Actually Sixpence you have a very valid point about the lard and it, more than the war, is probably why the Republicans are out on their butts. But to address the point about the deficit, and what I think they're trying to get at is that debt is not necessarily a bad thing. Without debt you wouldn't be able to buy a house for instance. The point is what you use the debt for. If you invest it in infrastructure or, in the case of the war, to ensure peace and stability then it's a good thing.
Just such a case in point is the depression, followed by WWII (and enormous debt), followed by an era of economic expansion never seen before as the manufacturing infrastructure built with the debt and the peace that followed the successful conclusion of the war fed an enormous economic boom.
That is as opposed to just borrowing money and handing it out, or worse, creating entitlement programs which 1) are enormously inefficient, 2) are self-sustaining, and 3) provide no positive input to the economy at all.
Well, you have a point, but at what point to you stop borrowing. I own a house, and that's good. But if I keep borrowing more before paying what I have borrowed already, I could not afford to pay my mortgage and I would default.
OK, I have my house, but it needs to be painted, so I borrow money to paint it...then I borrow to put up a fence, then I borrow for new sod for my yard, then I borrow for a pool, then I borrow to have the fence stained, then I borrow to put an addition on, then I borrow to have the basement finished, then I borrow to have a new bathroom put in, then I start cashing those checks in the mail, you know "deposit this check for an instant loan", the one with the rediculous interest rate?
Well, guess what, I am on my way to bankruptcy. So if you borrow responsibly, yes, it can work for you, but can you honestly say we have borrowed responsibly? I don't have to ask you that, you already know.
Like that tax cut check we got, it was added to our debt, it was like cashing one of those checks for loans you get in the mail, we are paying compound interest on it.
Now, is Lazs right for saying we have too many social programs? Of course he is. Is he right for saying that is the primary cause of our debt? No way in hell. Welfare is welfare, if you are paying a contractor $3000 for hammers and $20,000 for toilet bowls, that's welfare. If you are creating government jobs for people who got you elected and their friends(bigger government), that's welfare, it's a free ride. Our tax dollars get raided on a daily bases and get added to our debt.
As one religious conservative put it "they were just as bad as the democrats when they got their snout in the trough"
And it has become a cycle of spenders, throw one bum out the other spends, throw that bum out and the other bum is back spending.
If the dems do the same, I think you might actually see these 3rd(4th, 5th?) parties start to gain strength. They need to ally with the bigger parties now, but people, as shown in this last election, will do what they have to for change. And if the dems spend away, it could be used as a rallying cry for an independent party. It may not win, but it could gain enough strength to make it a legit power and bring winds of change.