Deficits Were On Purpose To Cause This “Crisis”
by Dave Johnson

Before ‘W’ got in and made changes in taxes and military spending we were paying off the debt. Bush said the deficits that resulted from his changes were “extremely positive news.” (Yes, that is in quotes, click the link.) Before that Reagan also caused deficits on purpose. He called it “starve the beast” — as if democracy is a “beast” that needs to be killed. So don’t fall for all this deficit hysteria, let’s just fix what caused the deficits and move on.

This Deficit Story Can’t Be Repeated Often Enough

From May, This Deficit Story Can’t Be Repeated Often Enough,

Any time any DC elite complains about “the deficit” remind them that when Clinton left office we had a huge surplus, so big that at the rate it was being paid down the entire US debt was going to be paid off in 10 years. Bush demanded that we give back the people’s money and Greenspan warned of the danger of paying off the debt. Etc. Etc. Etc. Then Bush doubled military spending — and started two wars on top of that!

So we went from big surplus to huge, huge deficits. Bush said it was “incredibly positive news” when we went back into deficit spending. He said it was good news because it continued the plan to use debt to force the government to cut back. He said that. It was the plan. (Don’t take my word for it, click the links.)

The Reagan people said it too, back when they started the massive deficit spending. It was the plan: force the country into massive debt, “starve the beast,” and use that to force the government out of business, or at least to be “small enough to drown in a bathtub.” They forced the tax cuts and Reagan said this was “cutting the government’s allowance.” The point was to use revenue cutbacks to force government to shrink, to get out of the way of the 1%.

Now that government is very much out of the way of the 1% we are seeing how things work out when the 1% dominate everything.

It was the plan. They forced these deficits on us on purpose. Reagan called it “strategic deficits.” It was a “shock doctrine” tactic, to get us to panic, and then move in with their “solutions.” So we are arguing about how much to cut out of the things We, the People do for our benefit, which the wealthy and their corporations get vastly wealthier and more powerful.

Low taxes on the rich = less money to use to do things that benefit We, the People. Higher military budget = less money to use to do things that benefit We, the People.

The ONLY response to this “fiscal cliff” shock-doctrine nonsense is to repeat over and over that we were paying off the debt, then Bush made changes, so let’s undo Bush’s changes. If you are so bothered by the deficits, then fix the things that caused the deficits.

And then we can get back to the business of democracy: We, the People doing things for the benefit of We, the People.
http://www.commondreams.org/view/2012/12/31-10

Can't argue with that.

But I'm sure somebody will.

We just need to get all the manipulation out of the system. Even the rich have to pay their fair share but it is the top 5% who dodge it all!

EEK, another double post!

Just any FYI.... Not trying to defend Bush, but payments haven't been made on our national debt since Andrew Jackson.

And i do agree, a small portion of the upper class is hording more and more money out of our economy ( pay differences between CEO's and common folk working for them have increased steadily and dramatically since the 30's). This increase in pay difference is definitely an issue. I really don't believe any tax hikes will level any playing fields however. They seem to be carrying too many cards. Im thinking tax hikes will end up trickling down to the consumers.

Furthermore im pretty sure that the 15% (that everybody says is unfair) is actually dividends, not normal income. I'm pretty sure they pay 35% on their normal income. This would mean that taxing dividends would hurt the middle class as that is where most people's retirement funds reside. Not to mention there would be a risk of people removing their money from the market in response to the tax hikes.

We could hike up corporate taxes, but the U.S. seems to have one of the highest in the world. This unfortunately promotes outsourcing costing us many jobs.

We need a different approach, one that is more specific to the issue. Admittedly I really don't have any answers though...

Again, I agree, there is a problem. The highest payed corporate executives only earned about 25 times what their lowest payed employee made back in the 1920's. In the 1970's that grew to 50 times. I believe in the 1990's that number reached 500 times. Still it grows.

Its all about greed, fear and paranoia.

Their goal it to make the entire world hopelessly in debt and they are charging interest on fiat (nothing) money. It is immoral.

Usery!

The world is run and controlled by a global mafia and they don't care about anyone but their own criminal family.

People need to learn how to stop feeding this beast.

An OP about the debt and only Bush is mentioned. The lack of "Obama" in this discussion makes it pointless and just another "hate Bush" thread.

The government needs a balanced budget amendment to the Constitution but our leaders lack the balls to pass one. Obama would veto it anyway.

Did not Bush create the policy that created this mess? Do the republicans not stand in the way of increasing taxes for the wealthy?
'
All the republicans can come up with is to cut aid to the poor increase retirement age. No one mentions our freaking ungodly huge military or the aid we give to other countries they keep trying to screw over our fellow citizens.

Obama has had four years to spend on anything he wants, you not mentioning his name speaks volumes. Spending is the problem.

The glaring lack is the lack of the Criminal Cabal of Banksters called the Rothschild family and and the other royal families (The Crown) who are raping and pillaging this entire world.

And you are disappointed that they didn't mention the Manchurian candidate Obama? He is just a puppet clone and trained to do as he is told.


Really? You want to blame him? Do you think that all of this mess would not exist without him? You are dreaming if you do. He is obviously being blackmailed big time and does what he is told.

I think what might be needed on this thread is a bit of education about the monetary system, what's wrong with it, and (most importantly) how it can be fixed. A good( freey downloadable) film to watch is this one:

http://undergrounddocumentaries.com/the-secret-oz-full-version/